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15th Jun 2022 00:10Emerging Asia, Daily Monitor

For the first time since February, CPI inflation saw no upside surprise in May, to the RBI’s relief...

...But sustained, if smaller rate hikes, are still more likely than not, with upstream inflation intensifying.

The WPI details show that the near-term outlook for food and core inflation remains very disconcerting.

core inflation cpi cpi inflation cpi report disinflation energy food inflation fuel interest rate June May mpc oil oil prices policy q3 rbi transport

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