‘Inflation to moderate to 5% for Jan.’

‘Inflation to moderate to 5% for Jan.’

Retail inflation is expected to moderate and print at 5% after rising consecutively for five months, helped largely by the seasonal dip in vegetable prices, while the trade deficit is also likely to have improved in January, said a foreign brokerage in a report.

Official data for consumer price inflation (CPI) for January, which stood at 5.2% in December last, would be released by the government on Monday.

Interestingly, while Morgan Stanley, the brokerage which released the report, sees improvement in both inflation and trade deficit numbers for January, it flagged concern that “moderate risks to macro stability are emerging on account of the wider-than-targeted fiscal deficits.”

 The Hindu

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