scorecardresearchIndia July retail inflation may ease to 5-month low, says Barclays

India July retail inflation may ease to 5-month low, says Barclays

Updated: 03 Aug 2022, 04:31 PM IST
TL;DR.
The bank expects July inflation at 6.65% over a year ago, as compared to 7.01% in June and a near eight-year high of 7.79% in April. India is due to release July inflation data on Aug. 12.
A delivery worker counts Indian rupee banknotes in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg

A delivery worker counts Indian rupee banknotes in Mumbai, India, on Wednesday, July 20, 2022. The rupee slid to all-time low of 80.06 per dollar on Tuesday, and has lost 2.4% over the past month, the third-worst performing Asian currency over the period. Photographer: Dhiraj Singh/Bloomberg