Pantheon Macroeconomics

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12th May 2025 17:46Emerging AsiaDaily Monitor

  • Indian inflation dropped to a 69-month low in April; we now see a terminal rate of 5.25% for the RBI.
  • Below-average food inflation looks set to stay, with this year’s monsoon season expected to be fruitful.
  • Note that CPI has yet to benefit fully from the slump in global oil prices, implying huge downward risk.

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Keywords for: 14 May 2025 Emerging Asia Monitor

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