The latest reading of Indian CPI came in at 1.54% for June 2017. This is the first time the inflation has breached RBI band of 2% to 6%. I am sure there would be a lot of soul searching going on at offices of many authorities as to what it means. At Decimal Point Analytics, our analysis […]

In this note we will see how behavior of RBI in recent years is proving a relative impediment to economic growth. In order to analyze inflation, this author prefers to study behavior of GDP deflator over a period of three years. The chart below shows the excess of three year CAGR of Indian GDP deflator over OECD […]