Year-on-Year headline inflation is expected to increase by 0.16% to 16.26% in July, leading to a reversal of a positive trend of the last 5 months. The influence of base year effects on headline inflation has weakened immensely. In our estimates, month-on-month inflation is expected to taper significantly to 1.37% (17.74% annualized) from 1.6% (20.98% ...
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