Telcos' tariff hikes to push up core inflation by 0.2% in FY25: Report

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Telcos' tariff hikes to push up core inflation by 0.2% in FY25: Report - Business Standard

Quick Summary:

The report said the impact of telecom tariff hikes will start getting reflected from July, and the hikes will alone push the month-on-month core inflation by over 0.85 per cent month on month.

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.

"Overall, core inflation will likely rise by 0.20 per cent in FY25 due to the telecom tariff hikes.