Monday, December 23, 2013

Keep an eye on the Bank Nifty

.............The central bank should have access to December food price data while we are still dealing with official November inflation index data. A comparison of November and (current) December food prices should help RBI decode the sense of direction. So, perhaps it is less of a gamble than it seems at first sight. Food inflation has been one of the most intractable issues for policy makers over three years...........

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