What does 12-year-low core inflation say about India#39;s growth story?
What does 12-year-low core inflation say about India#39;s growth story?
Data released by the Statistics Ministry on March 12 showed India#39;s headline retail inflation stood steady at 5.09 percent in February, although core inflation fell further to 3.3 percent. Economists are divided on what explains the falling core inflation – muted demand or changing consumption patterns.
Data released by the Statistics Ministry on March 12 showed India#39;s headline retail inflation stood steady at 5.09 percent in February, although core inflation fell further to 3.3 percent. Economists are divided on what explains the falling core inflation – muted demand or changing consumption patterns.