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Tag: inflation trajectory

Food price uncertainties to weigh on inflation trajectory; RBI retains FY’25 forecast at 4.5%

Posted on April 5, 2024 By admin
Food price uncertainties to weigh on inflation trajectory; RBI retains FY’25 forecast at 4.5%

The retail inflation in February was 5.1%, while inflation in the food basket was at 8.66%. The Reserve Bank of India (RBI) on April 5 said food price uncertainties continue to weigh on the inflation trajectory going forward, even as it retained 4.5% retail inflation projection for the current fiscal. In its first bi-monthly monetary…

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Food inflation keeps RBI worried

Posted on April 5, 2024 By admin
Food inflation keeps RBI worried

The spike in food prices has kept the Reserve Bank of India (RBI) worried even though overall inflation has moderated to a certain extent. On April 5, the Central bank’s Monetary Policy Committee decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50%. This is the seventh time that…

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