India’s CPI to decelerate marginally to 7.3%: Morgan Stanley

We expect headline CPI to decelerate marginally to 7.3% year on year in November from 7.6% year on year in October. “High-frequency food prices suggest food inflation likely softened sequentially in the month, while we expect core inflation to remain largely steady,” the research said. In addition, favourable base effects should also support the moderation, the report added.

from Economy-News-Economic Times https://ift.tt/3a24jGH