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Global Reflation Fears: Does India Need To Worry?
Gap between WPI and CPI might narrow, with CPI set to remain range bound, while WPI will pick up as global commodity prices rise.
26 Feb 2021, 07:28 AM IST
With governments and central banks continuing to add stimulus to support their respective economies, global markets have started to price in reflation. Commodity prices are rising and so are bond yields, on fears that inflation could make a stronger-than-anticipated comeback.Does India have cause to worry amid these rising global commodity prices? Yes and no, said economists pointing to the fractured correlation between global and lo...
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