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India August Inflation Accelerates, Narrowing RBI Pause Room

Source: Bloomberg

InflationMonetary PolicyInterest Rates & YieldsEconomic DataEmerging Markets

India's inflation accelerated in August, moving closer to the Reserve Bank of India's 6% upper bound within its 2%-6% target range. The increase may limit policymakers' ability to keep interest rates on hold, raising the prospect of a more restrictive monetary-policy stance.

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