CPI inflation
April
Upside risk
CPI 2.99 %
Inflation in fuel and light segment 6.1 %
food and beverage growth - 1.3 %
May 5.5 %
IIP Expand - 3.1 %
March 3.75 %
clothing and footware segment - 4.4 %
May 4.6 %
housing segment - same 4.8 %
increase in house rent segment in CPI
implementation of GST
announcement of large farm waiver
- higher deficit in states
Gong forward
CPI expected to sub 2 % in next 2 months , will stay below 4 % till november
SBI study
CBI inflation average in FY18 3.5 %
Manufacturing sector 2.6 % in april
2.7 % in march