Only fuels showed the tough plateau expected from higher dollar trending against the Rupee even as Primary articles basket inflation at 3% contributed to a monthly figure of 7.47%. However, JP Morgan outed the next risk to watch even as RBI continues to be on watch due to the falling rupee and the coming uptrend in commodities

Manufactured products trended lower to 7.41% from a 7.7% November data but input prices are expected to lead this to a tough plateau once it finds the base values. Inflation will remain above 7% and Economists are likely to make merry on the murkier waters ahead while RBI waits for the right moment to cut rates . Our predictions hope for a better evaluation of the base factor on the manufactured components incl durables and auto even as new Boeing orders eep IIP Capital goods numbers healthy

Posted via email from The India Investment Post