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HSBC's Leif Eskesen sees India's October inflation at 9.7%

Leif Eskesen, chief economist for India and ASEAN at HSBC feels it is premature to talk about a cut in rate by Reserve Bank of India (RBI). Moreover, he expects the October inflation to be at 9.7%. He indicated that the overall credit growth has signs of slowdown and slowdown in exports will remain a concern.

first published: Nov 11, 2011 11:19 am

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