10/2/2025: NUMBER THEORY: 2 At least some of the growth surprise in H1:2025-26 is likely on account of indexation issues

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MPC’S June 2025 resolution projected retail inflation, as measured by Consumer Price Index (CPI) for the quarter ending June 2025 at 2.9%. The actual number came in at 2.7%. Wholesale inflation as measured by Wholesale Price Index (WPI) came in at just…

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