Rupee deflation
The RBI primarily tracks consumer inflation, and wholesale prices do not directly guide its monetary policy. But a rise in the latter implies costlier inputs that can push retail price tags up, and that too, in bits and spurts that are hard to predict, complicating policy responses
The RBI primarily tracks consumer inflation, and wholesale prices do not directly guide its monetary policy. But a rise in the latter implies costlier inputs that can push retail price tags up, and that too, in bits and spurts that are hard to predict, complicating policy responses