Economic dataFinancial Express
Core inflation firm despite gold correction
Negative-50
GreyOak summary
India's core CPI inflation rose to 4.5% in October, driven by broad price pressures despite a decline in gold prices. Economists project core inflation to approach 5% soon, potentially pushing the FY27 average to 4.4%. This trend increases pressure on the RBI to raise interest rates further.
What it affects
- CPI inflationNegative -50
Core CPI rose to 4.5% in October.Rolling sentiment Negative -61
