RBI policy: Core inflation smacks of unreliability even as headline CPI filled with noise

A sharp increase in food prices is set to raise headline retail inflation sharply in July. While the central bank tends to look at core inflation when the headline number is temporarily surrounded by noise, even the non-food-non-fuel measure of retail inflation may not be a reliable indicator of price change

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​ A sharp increase in food prices is set to raise headline retail inflation sharply in July. While the central bank tends to look at core inflation when the headline number is temporarily surrounded by noise, even the non-food-non-fuel measure of retail inflation may not be a reliable indicator of price change A sharp increase in food prices is set to raise headline retail inflation sharply in July. While the central bank tends to look at core inflation when the headline number is temporarily surrounded by noise, even the non-food-non-fuel measure of retail inflation may not be a reliable indicator of price change  Moneycontrol Latest News Read More