matthew shea, president and ceo of national retail federation. thank you for joining us. still to come, we will preview eddie's think core inflation could -- india's economic releases and hear why they think core inflation could trend higher in the next few months. this is bloomberg. ♪ paul: all right, welcome back. you are watching the india focus just in time for the opening of trading in india. looks like a mostly risk-on day in the early going. we have most of the major indexes of nearby about .20 5%. keeping a close eye on the rupee at the bottom of your screen, just reversing away from those record lows. this is the greenback, but we will be watching that very closely today. also watching closely, india will be reducing data on inflation, industrial production, and trade this week. bloomberg economics expect inflation to hold steady with costs continuing to be the driver -- with fed costs continuing to be the driver. we will get those cpi numbers in a few hours' time. expected to edge up just did a basis points to 4.85%, but inflation, like in many countries, still proving sticky. what is keeping it elev