Published on Friday, June 14, 2013
India Flash: May WPI inflation softens further, but currency pressures likely to keep RBI on hold next week
Summary
India’s WPI softened further in May to 4.7% y/y (consensus: 4.8%; prior 4.9%), the lowest level since Aug 2009, as easing demand pressures and lower fuel prices offset higher food inflation.
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- Macroeconomic Analysis
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BBVA Research
BBVA Research
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