India's September headline inflation rises to 5.54%
- 1India's headline inflation rose to 5.54% in September.
- 2The central bank raised its economic growth estimate by 40bp to 7.1%.
- 3HSBC expects an additional interest rate hike in December.
So what's the key point?
India's inflation rate has risen to 5.54%. The central bank has increased its economic growth forecast, and HSBC expects interest rates to rise further.
Source CNBC · View original ↗
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