Newsig · Gold & Metals
India’s retail inflation jumps to 5.54% in September, above estimates
India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
Why it matters
INDA (India ETF) · Why linked: Higher-than-expected Indian CPI strengthens the case for further RBI rate hikes, affecting Indian equities and currency flows. Market context: Rising inflation pressures the RBI toward further tightening, which could weigh on rate-sensitive Indian equities and bond flows.
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