VIEW India's retail inflation accelerates to 4.38%, raising rate hike expectations - Reuters
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VIEW India's retail inflation accelerates to 4.38%, raising rate hike expectations Reuters
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4 itemsVIEW India's retail inflation quickens but unlikely to change policy rate outlook - Reuters
Asia week ahead: China and India release hotly-anticipated inflation data
Per the full note [source], ING Economics expects China and India's upcoming inflation data to be market-moving, likely reinforcing divergent monetary policy paths. With China's CPI expected to remain subdued near 0.3% YoY and India's CPI seen accelerating above 4.5%, the data could pressure the PBOC to ease further while the RBI stays hawkish. Consensus is divided on the magnitude of the cross-asset impact, with a focus on USD/CNH and USD/INR volatility around the releases.
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