Pantheon Macroeconomics

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12th Feb 2024 20:55Emerging Asia, Daily Monitor

  • We’ve raised our 2024 average CPI forecast in India to 4.2%, in the wake of January’s upside surprise.
  • Crucially, the core rate is still falling, showing the headline the way down, as food inflation wanes...
  • ...We see no clash between falling core and ‘brisk’ GDP; RBI surveys back our suspicion of the latter.

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Keywords for: 14 February 2024 Emerging Asia Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence