CPI data, August 2020 - Upasna Bhardwaj, Senior Economist at Kotak Mahindra Bank

"CPI inflation reading while continues to remain uncomfortably elevated has started to trend lower providing some relief. However, several uncertainties remain ahead as supply side disruptions continue to dominate the weaker demand side pressures along with one-off idiosyncratic factors weighing on core inflation. Going ahead as inflation remains elevated in near term we see limited room for policy easing atleast through the December policy."

Source : Equity Bulls

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