Economic dataFinancial Express
Inflation, El Nino and $90 Oil Risk India's Growth
Negative-21
GreyOak summary
CPI inflation rose to 5.5% in September, the highest in 23 months, driven by food prices. El Nino weather conditions threaten rural demand and agricultural yields. HSBC expects the RBI to raise interest rates by 50 basis points in December.
What it affects
- CPI inflationNegative -21
CPI rose to 5.5% in September.Rolling sentiment Negative -36
