scorecardresearchIndia's inflation rate likely to touch 6.9% in August, says Deutsche Bank

India's inflation rate likely to touch 6.9% in August, says Deutsche Bank

Updated: 07 Sep 2022, 12:08 PM IST
TL;DR.
Retail inflation fell to 6.71 percent in July due to lower food prices, but it remained above the Reserve Bank's 6 percent comfort level for the seventh consecutive month.
Moody's said that the higher inflation, and the tightening financial conditions on the back of policy tightening, were enough to derail India's ongoing recovery from the pandemic in 2022 and 2023.

Moody's said that the higher inflation, and the tightening financial conditions on the back of policy tightening, were enough to derail India's ongoing recovery from the pandemic in 2022 and 2023.