India’s consumer price index (CPI), which overshot the RBI’s upper tolerance band of 6%, is fuelled by the escalating Russia-Ukraine conflict that has upset the global supply chains. The conflict and its accompanying sanctions on Russia have also posed great risks to global growth. The CPI print rose to 6.95% in March which is a 17-month high.from Stocks-Markets-Economic Times https://ift.tt/DwtqSlH
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