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    India : Stubborn core inflation offers no downward room to RBI

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    Published on Tuesday, June 17, 2014 | Updated on Tuesday, June 17, 2014

    India : Stubborn core inflation offers no downward room to RBI

    Summary

    India’s benchmark inflation indicator, the CPI, moderated in May to 8.3% y/y from 8.6% in April (Consensus: 8.5%) led by a let up in food prices, which account for 50% of the CPI basket.

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    Authors

    Sumedh Deorukhkar BBVA Research - Senior Economist
    Alicia García-Herrero

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    Report (PDF)

    India_May CPI

    English - June 17, 2014

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