Forex News: India WPI-based inflation likely at 12.14% on year in week to July 5 vs 11.89% previous week, shows median forecast in Dow Jones poll. "The triggers will be oilseeds and higher prices of manufactured products," says Edelweiss Securities economist Siddhartha Sanyal; expects inflation rate at 12.24%. RBI looks likely to maintain tight monetary policy stance as inflation remains well above its tolerance level of 5.5%. Data due 1130 GMT.
0 comments:
Post a Comment