/cdn.vox-cdn.com/uploads/chorus_asset/file/23951406/STK051_VRG_Illo_N_Barclay_6_tiktok.jpg?w=400&resize=400,250&ssl=1 "The fever dream of TikTok Live election results")
Will a surprise uptick in August inflation put RBI rate cut timeline in a limbo?
Source: Live Mint In an unfavourable turn of events, inflation measured by the Consumer Price Index (CPI) rose to 3.7% year-on-year in August, up from 3.6% in July, and surpassing Mint’s consensus estimate of 3.5%. Given the generous rainfall seen in August, expectations were that retail inflation would moderate as vegetable prices ease. The unexpected…