RAM Ratings expects inflation hike with GST
- 6 years ago
Ram Ratings has projected a base-case inflation of 3.8 to 4 per cent for 2015, compared to the 3.5 per cent headline inflation expected this year.
Its assessment takes into account of at least another round of fuel price increase and electricity tariff adjustment together with a further rise of 25 basis points to the Overnight Policy Rate. (OPR).
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Its assessment takes into account of at least another round of fuel price increase and electricity tariff adjustment together with a further rise of 25 basis points to the Overnight Policy Rate. (OPR).
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