COMPANIES

No Data Found

NEWS

No Data Found
Advertisement
Instant tip

Instant tip

The fortnight’s burning question. Is the inflationary trend in the indian economy beginning to reverse?

The fortnight’s burning question. Is the inflationary trend in the indian economy beginning to reverse?

No. Vivek Moorthy, Professor,IIM Bangalore
Inflation is likely to remain in double digits in the coming months and can even go higher. Energy sector trends, one of the main drivers of inflation, are very difficult to gauge. And the weaker rupee will make it worse. I believe the surge in July WPI numbers, following the increase in retail energy prices, will keep inflation high.

Yes. T.K. Bhaumik, Economic Adviser, JK Organisation
Inflation, which had peaked at near 13 per cent, is now on a downward journey. However, given the current global economic scenario, this decline may not be substantial. Then, global oil and commodity prices are declining and this will benefit the economy. On the whole, the downtrend will continue, but inflation may settle at a higher floor.

Yes. Hitesh Agrawal, Head (Research), Angel Broking
High inflation rates were being mainly fuelled by rising global oil and commodity prices. But demand in the US and the UK is showing clear signs of deceleration. In India, week-on-week inflation has been quite low in four out of the last six weeks. So, I believe the rising inflationary trend is showing signs of reversing.

Compiled by Manu Kaushik