Barclays, Yes Bank raise India inflation forecast as prices jump

India's inflation rose to a three-month high of 4.81% in June compared with 4.29% in May, due to surging prices of vegetables and pulses. This prompted economists to raise their forecasts for the year with Barclays now seeing consumer price inflation averaging at 5%, Yes Bank at 5.3%, and Emkay Global Financial Services at 5.2%.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7fyv2GW
https://ift.tt/3wLPnhT

Post a Comment

0 Comments