Thus the inflation measure we look to when thinking about interest rates is always a core inflation measure. That's, for the RBI, just about on target right now so we might wait longer than many think for a change in Indian interest rates.
from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/07/13/indias-inflation-falls-to-record-lows-rbi-rates-cuts-might-be-some-time-though/
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