India International Political Economy

Despite a second week of India inflation slowing, the Indian economy is still overheated and continues to concern India’s central bank according to AFP.

The Wholesale Price Index is the key cost of living barometer for the Indian economy and has slipped from 12.40 percent to 12.34 percent in the last two weeks.

Nonetheless, India’s central bank is expected to raise interest rates in order to continue cooling the Indian economy.