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Delayed monsoon worrying, can impact inflation: Deutsche Bank
short by Ananya Goyal / on Saturday, 17 June, 2023
Deutsche Bank said the delayed start to monsoon rains in India is worrying and can impact the inflation trajectory going forward. "There's no scope for complacency at this stage as far as India's inflation risks are concerned," it said, adding that it expects the average consumer price inflation for FY24 to come in at 5.2%, against the RBI's 5.1% estimate.
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