Headline Inflation Faces Upside Pressures In Near Term On Costlier Vegetables: RBI – Top Speed News
The spike in vegetable prices, led by tomatoes, will exert sizeable upside pressures on the near-term headline inflation trajectory, according to the minutes of the MPC meeting released by the RBI on Thursday. It said the possibility of a second round impact of food price shocks on the overall inflation prompted RBI MPC to opt…