麦格理-印度-宏观经济-印度MPC会议纪要：关注通胀上行风险-20180222-4页

Pleaserefertopage2forimportantdisclosuresandanalystcertification,oronourwebsitewww.macquarie.com/research/disclosures.INDIACPI–Headline,FoodandCore(YoY%)Source:CEIC,MacquarieResearch,February2018HouseholdinflationexpectationsSource:CEIC,MacquarieResearch,February2018Analyst(s)UpasanaChachra+912267204355upasana.chachra@macquarie.com21February2018MacquarieCapitalSecuritiesIndia(Pvt)LtdIndiaEconomicsMinutesoftheMPC–Concernedaboutupsideriskstoinflation?MinutesofFebMPCmeetingreleased:TheRBIreleasedtodaytheminutesoftheMPCmeetingheldonFebruary6-7,2018.Recall,theRBIhadheldkeyratesunchangedwithavoteof5-1,withMPCmemberDr.Patradissentingfora25bpratehike.Inourview,theMPCminutescameacrossasslightlymorehawkish(atthemargin)comparedtotheoveralltoneofthemonetarypolicystatementof7thFeb.?What’sinthedetails??Upsiderisksto