India | December CPI inflation extends gains, RBI likely to stay on hold in Feb
Published on Wednesday, January 13, 2016
India | December CPI inflation extends gains, RBI likely to stay on hold in Feb
Summary
India’s December 2015 CPI inflation outturn extended recent gains since hitting an 8 month low last August; which consequently limits room for the RBI to exercise interest rate cuts later this year.
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Authors
Sumedh Deorukhkar
BBVA Research - Senior Economist
Le Xia
BBVA Research - Chief Economist