June Wholesale Inflation Figure Reaffirms Collapsing Demand: Hemindra Hazari
PUBLISHED ON: July 14, 2015 | Duration: 20 min, 25 sec
Market analyst Hemindra Hazari says that wholesale prices falling 2.4 per cent in June show the corporate sector has no pricing power. In order to revive demand in India, there's a need for the RBI to lower interest rates, he adds.
