Inflation uncomfortable but not terrible: Barclays Capital
By Ira Dugal | Published On: September 14, 2012 16:11 (IST) | Duration: 3 min, 59 sec
Wholesale inflation rose to 7.55 per cent in August. While the numbers were greater than expectations and remain above the RBI's comfort level, Rahul Bajoria of Barclays says the numbers should not be seen purely in a negative light. He expects the momentum of core inflation to remain flat, which may allow the RBI to ease interest rates.