Pantheon Macroeconomics

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12th Jul 2023 18:29Emerging Asia, Daily Monitor

  • CPI inflation in India sprang a surprise in June, bouncing sharply to 4.8%, from 4.3% in May...
  • ...But we’re sticking to our 5.0% average forecast for 2023, and our call for a 25bp RBI cut in December.
  • Marginal food price pressures are easing, despite the tomato crisis, and core inflation is cooperating.

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Keywords for: 14 July 2023 Emerging Asia Monitor

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