Branch² Intelligence
India inflation likely rose to 4.2% in June: Mint poll
Key takeaway
India's June CPI likely rose to 4.2%, breaching RBI's 4% target.
- Step 1India June CPI rises to 4.2%, above RBI's 4% target, driven by fuel and food prices.
- Step 2RBI likely holds repo rate or delays cuts, keeping Indian interest rates elevated.
- Step 3Higher Indian rates transmit to UK gilt yields via global bond market co-movement, raising UK SME financing costs.
Source: LiveMint — Economy
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