India inflation likely eased in November to 16-month low: Reuters poll [Reuters]
HDFC Bank Limited (HDB)
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Source: Reuters
India inflation likely eased in November to 16-month low: Reuters poll | Reuters 4 Min Read BENGALURU (Reuters) - Indian inflation is likely to have cooled to a 16-month low in November, according to a Reuters poll, as food and fuel prices fell, supporting the Reserve Bank of India’s decision to keep interest rates on hold at a policy meeting last week. The poll of 40 economists predicted retail inflation sank in November to 2.80 percent from October’s 3.31 percent. Forecasts in the poll, taken between Dec. 4-7, ranged between 2.26 percent and 4.00 percent. If the consensus is realised, the November data will not only mark inflation below the RBI’s medium-term target of 4 percent for a fourth straight month but also be the first time since July 2017 it was below 3 percent. “We expect headline CPI inflation to have slowed...during November in a broad-based manner. Food prices are likely to have continued to remain benign. Transportation costs are also estimated to have softened due to
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HDB
Sec Filings
- 5/6/24 - Form 6-K
- 5/6/24 - Form 6-K
- 5/6/24 - Form 6-K
- HDB's page on the SEC website