Transient easing: On fuel taxes and prices

News Today (16.09.2021)

The latest retail inflation data suggest, at first flush, that price pressures have begun to moderate in the economy, with the August print for CPI showing inflation having slowed for a second straight month to a 5.3% pace, after July’s 5.59%. Price trends among the constituents of the Consumer Price Index and the latest Wholesale Price Index-based inflation, however, show that it would be premature to drop the guard on price gains. (Read More)

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