Скачать или смотреть Credit Suisse and CITI expect Inflation to moderate in times ahead

June CPI was recorded at 6.26%, which was lower than consensus expectations of 6.7%. CPI in month of June also moderated from 6.3% in May2021 to 6.26% in June 2021. Food Inflation in June was recoded at 5.5% increased from 5.01% in May2021.
Going ahead, Brokerage Firm Credit Suisse expects due to lower duty on palm oil, Food CPI can ease to 4.5% in July. Also, this time MPC is likely to look beyond the 1Q data. Overall, Credit Suisse expects that YoY trends should moderate going forward as high base kicks in for Inflation
On the other hand, CITI says that the Headline CPI Inflation remained broadly unchanged, They Retain their FY22 headline CPI inflation forecast at 5.9% YoY and see no major change happening at the August RBI MPC meet.
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