ICICI Direct: Food Drives Inflation Higher But Sticky Core Provides Some Comfort

India’s retail inflation has averaged at 6.6% and 6.9% in the first two quarters of 2020-21, higher than RBI’s latest forecasts.

ICICI Direct

13 Oct 2020, 05:59 PM IST

Shoppers wear protective masks while buying vegetables from a street stall in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

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ICICI Direct: Food Drives Inflation Higher But Sticky Core Provides Some Comfort

India’s retail inflation has averaged at 6.6% and 6.9% in the first two quarters of 2020-21, higher than RBI’s latest forecasts.

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