Retail, Wholesale Inflation up in August; Possibility of Rate Hike Strengthens

Retail, wholesale inflation up in August; possibility of rate hike strengthens

Retail inflation reached 4.4% in July, the highest in the current series, while wholesale inflation was 9.8%, the second highest in the new series

Inflation rates rise in August, eyes turn to RBI’s October meeting

Inflation for households, wholesalers, and producers all rose in August, ahead of the October 5-7 meeting of the Reserve Bank of India’s Monetary Policy Committee.

RBI likely to begin rate‑hike cycle as inflation edges up: Report

New Delhi, Sep 15 (SocialNews.XYZ) The Reserve Bank of India is expected to begin a rate‑hike cycle as headline inflation and wholesale price inflation accelerate, with the policy repo likely to move closer to 6.5... - Social News XYZ