India’s CPI inflation remains benign despite a marginal uptick
Friday, March 6, 2015 2:40 AM UTC
- For the rest of Asia and the Pacific region, India's CPI data is likely to show a marginal uptick to 5.25%, from 5.10% y/y in January. While the inter-meeting rate cut delivered by the Reserve Bank of India on 4 March reduces pressure for another rate cut at the April meeting, benign inflation may keep the door open for more cuts.
- Central bank meetings in Thailand, South Korea and New Zealand will also be monitored but we do not expect any policy changes at these meetings.