Telcos’ tariff hikes to push up core inflation by 0.2 pc in FY25: Report

The near-simultaneous tariff hikes of over 20 per cent by the country’s top three telcos will push up core inflation by 0.20 per cent in FY25, a foreign brokerage said on Wednesday. Analysts at Deutsche Bank also upped their core inflation or the price rise, excluding food and fuel, by 0.20 per cent to 3.8 per cent.

Apart from the tariff hikes, the below-trend monsoon rains will be another factor that will be of focus from an inflation trajectory perspective, they said.