Societe Generale Forecasts Rise in India’s August CPI Inflation to 4.8%

Societe Generale economist Kunal Kundu expects India's CPI inflation to rise from 4.4% in July to 4.8% in August, signaling increasing price pressures.

Societe Generale economist Kunal Kundu projects that India’s Consumer Price Index (CPI) inflation will increase to approximately 4.8% year-on-year in August, up from 4.4% in July, according to FX Street.

This anticipated rise in inflation reflects ongoing price pressures within the Indian economy, which could influence monetary policy decisions and impact the Indian Rupee's performance in the coming months.

For Japanese investors and traders, monitoring India’s inflation trends remains important given the growing economic ties and investment flows between Japan and India, particularly in FX and equities markets.

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執筆: Sama Kane