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Gulshan Kumar
@gkumar
🚨 Both CPI and PPI inflation have seen significant drops. March PPI inflation dropped to 2.7%🔻 coming in below the expected 3.3%🔻 Core PPI also declined to 3.3%🔻 underperforming forecasts of 3.6%. This marks the first month-over-month decrease in PPI inflation (-0.4%) since March 2024.
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