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Emerging Asia Economics Update

Emerging Asia Economics Update

India’s headline inflation falls but rate cut unlikely before March

Data released today show a big drop in headline inflation, to 7.5% y/y in December. But the key measure of core inflation fell only slightly. Consequently, the Reserve Bank of India is likely to wait until its March policy-setting meeting before cutting its repo rate.

 

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This article is tagged with the following subjects: Emerging Asia and Australasia, India, Inflation, Macro-economics
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