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CPI spurts past 7%, but RBI may have option to hold off hikes

While the scale of the rise has triggered worries of more rate hikes, these concerns are partially offset by the easing in core inflation, which strips out the volatile components of food and fuel. While elevated food prices may spill over into the August CPI print as well, government interventions and fresh crop arrivals should rein in the rise in food prices going ahead, economists said. ....

Shaktikanta Das , Dipti Deshpande , Debopam Chaudhuri , Aurodeep Nandi , Piramal Group , National Statistics Office , Reserve Bank , Price Index , Sonal Varma , Cpi Inflation , Rbi Rate Hike , Rbi Retail Inflation , Rbi Monetary Policy ,

CPI spurts past 7%, but RBI may have option to hold off hikes

While the scale of the rise has triggered worries of more rate hikes, these concerns are partially offset by the easing in core inflation, which strips out the volatile components of food and fuel. While elevated food prices may spill over into the August CPI print as well, government interventions and fresh crop arrivals should rein in the rise in food prices going ahead, economists said. ....

Aurodeep Nandi , Debopam Chaudhuri , Shaktikanta Das , Dipti Deshpande , Piramal Group , National Statistics Office , Reserve Bank , Governor Shaktikanta Das , Price Index , Sonal Varma , Have Option , Hold Off , Cpi Inflation , Rbi Rate Hike , Rbi Retail Inflation , Rbi Monetary Policy ,