What core inflation heading down despite strog demand means for India?
November 15th, 2023 09:30
“Latest CPI numbers is that the core inflation and even headline inflation has come off to 4.9% but core inflation has come down even more to 4.2-4.3%, which seems to suggest that despite core demand remaining strong, the ability of manufacturers, service providers etc. to pass on some of the increased demand remains relatively muted.”
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