ExplainSpeaking | Why February’s retail inflation matters for India’s growth prospects

From the Explained page of The Indian Express

At 5.30 pm Monday, the government will release the retail inflation data for the month of February. Ordinarily a single month’s inflation data would not be any more (or any less) important that any other month but, given the fact that India’s monetary policy is balanced on a knife-edge at present, February’s data has acquired a rather exalted significance.    If inflation is again above 6% yet again — most expect inflation to be 6.4% — then it will make the job of the RBI very difficult.    Here’s how.

CONTINUE READING ►

Contact Us Unsubscribe About us   Copyright © 2020 The Indian Express [P] Ltd. All Rights Reserved