Inflation for week ended February 28 stood at 2.43% Vs 3.03% (WoW). Inflation is at the lowest level since June 2002. CNBC-TV18 poll saw inflation at 2.29% Vs 3.03% (WoW).
WPI for week-ended January 3 has been revised to 5.33% Vs 5.24% (Prov). WPI for all commodities stood marginally up at 227.7 (WoW).Shubhada Rao, Chief Economist at Yes Bank said that coming weeks are going to be play out of base effect. She feels that rate cuts will help to improve sentiments.
Related posts:
