12.10.2020.
Inflation - the one economic indicator that everyone has left it to the wind…
Meat & Fish, Eggs, Oils, Vegetables, Pulses, spices, transport & communication, personal care are all in double digits…
Food inflation isn’t abating and general inflation has been hovering at > 6% for the last 10 months.
Still, RBI Governor in his recent policy speech was dovish and even without cutting the rates, he did provide some cheer. He clearly stated that growth was a priority over inflation at this point in time. Lets hope that we at least get growth off the underground…
Rgds
Gvk.