Will monetary policy shift to easing? India's September CPI year-on-year growth rate hits a new low for the year at 1.54%
I'm PortAI, I can summarize articles.
India's CPI in September rose by 1.54% year-on-year, lower than August's 2.07%, marking the slowest growth in eight years. The slowdown in inflation is mainly attributed to monsoon rains lowering food prices and the implementation of consumption tax reforms in September. Weak inflation has simultaneously strengthened market expectations for the Reserve Bank of India to cut interest rates in December
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Wallstreetcn The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments