Consumer price inflation is likely to have risen in September, in large part because the recent sharp fall in food inflation appears to have reversed. More important from the policy perspective, core inflation is likely to have remained elevated. The upshot is that, despite the RBI keeping rates on hold last week, the tightening cycle still has a little bit further to run.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services