date:Aug 13, 2013
, economist at ICRA.
Some pass through of the rupee depreciation into input prices (cost of raw materials) is expected this month, although the pass through to output prices (end-product prices) may be restrained by the subdued demand conditions.
In response, state run oil marketing firms have hiked the pump price of diesel and petrol to offset under-recoveries.
Food prices, another important factor of inflation in the country, are expected to have remained stable last month although the risi