andyn

Indian Inflation Continues to Accelerate

India WILL sacrifice growth to control inflation. That's just how the political system works there and I dont blame them for it.
The key thing to note is that India is more a domestic market and does not depend on exports as much as the other BRICs.
So once oil stabilizes, the internal growth should keep it going.
Buy EPI or PIN when oil starts weakening...there should be a good bounce.