Hope to see a pick-up in the festive season October onwards, says Sonal Varma of Nomura India
Retail inflation in September nears 4 percent, the highest in the last 14 months but wholesale inflation slows to a mere 0.3 percent despite a spike in food prices. Sonal Varma, MD and chief India economist at Nomura India and Pranjul Bhandari, chief India economist at HSBC shared their views and outlook.