ECONOMYEconomic Times Markets ยท 2 hours agoLive
October retail inflation surge may weigh on housing demand, raise rate hike concerns: Knight Frank, PHDCCI
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WHAT HAPPENED
Rising retail inflation could weaken household purchasing power and constrain discretionary spending, including housing expenditure, while increasing the possibility of further monetary tightening by the Reserve Bank of India (RBI), industry bodies said on Thursday, following the acceleration in consumer price inflation to 6.09 per cent in October.
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