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India July inflation likely breached RBI's 6% upper tolerance level: Reuters poll

By Milounee Purohit BENGALURU (Reuters) - India s retail inflation likely accelerated to 6.40% in July on surging food prices, breaching the upper end . ....

Kunal Kundu , Societe Generale , Milounee Purohit , Hari Kishan , Rahul Bajoria , Veronica Khongwir , Alexandra Hudson , Devayani Sathyan , Reserve Bank ,

Retail inflation in July likely breached RBI's 6% upper tolerance level: Poll

India s retail inflation likely breached the upper end of the central bank s tolerance band, reaching 6.40% in July, due to surging food prices caused by an erratic monsoon, according to a Reuters poll of economists. ....

Veronica Khongwir , Devayani Sathyan , Kunal Kundu , Milounee Purohit , Alexandra Hudson , Hari Kishan , Rahul Bajoria , Societe Generale , Retail Inflation ,

India inflation: India's July inflation likely breached RBI's 6% upper tolerance level: Poll

The forecast range was 4.85%-7.60%, with a strong three-quarters majority expecting it to surpass the central bank s top end of the inflation target band, suggesting the food price surge was likely to persist at least for the next few weeks. If the poll median is correct, the current surge in inflation was likely to outstrip the 5.2% the RBI projects for this quarter. ....

Societe Generale , Kunal Kundu , Rahul Bajoria , Reserve Bank , India Inflation , Rbi Tolerance Level , Reserve Bank Of India ,

India July inflation likely breached RBI's 6% upper tolerance level: Poll

Food prices, which account for nearly half of the inflation basket, have soared in the last two months largely due to an erratic monsoon throughout the country, pushing tomato prices at wholesale markets up more than 1,400% in the past three months. ....

Rahul Bajoria , Societe Generale , Kunal Kundu , India July , Reserve Bank ,

India July inflation likely breached RBI's 6pc upper tolerance level: Reuters poll

It will hit the vast majority of India s population who make up the poor and middle classes ....

Rahul Bajoria , Kunal Kundu , Societe Generale , India July , Reserve Bank , Food Prices ,