Another surge in headline CPI inflation in December, perhaps to a five-year high, means that the RBI’s easing cycle is probably over. And a rise in core inflation over the coming quarters should prompt the central bank to switch to tightening mode much sooner than is generally expected.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services