Ecowrap-supply Side Cpi Inflation Is Currently Driving 64% Of Headline Inflation In India, 36% Is Demand Led: Strong Labour Market In Us Might Still Necessiate Aggressive Fed Rate Hikes, Fears Of Recession Overblown

CPI inflation moderated slightly to 7.01% in Jun’22 as compared to 7.04% in May’22 due to moderation in food inflation. The June data now confirms the fact that peak in India has passed. Interestingly, while urban inflation has eased to 6.92% in Jun’22, rural...