ICICI Direct: India’s August CPI Inflation Remains Sticky But Outlook Favourable

Higher petrol and gold prices are likely to weigh on India’s core inflation rate over the next few months, ICICI Direct says.

ICICI Direct

15 Sep 2020, 07:50 PM IST

A vendor holds mixed denominations of India rupee banknotes while standing near baskets of fish at the Kasimedu fish market (Photographer Dhiraj Singh/Bloomberg)

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ICICI Direct: India’s August CPI Inflation Remains Sticky But Outlook Favourable

Higher petrol and gold prices are likely to weigh on India’s core inflation rate over the next few months, ICICI Direct says.

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