RBI cut CPI inflation forecast for 2023-24

RBI Governor cuts CPI inflation forecast for 2023-24 to 5.2% from 5.3%

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April-June 2023 CPI inflation forecast raised to 5.1% from 5.0%

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July-September 2023 CPI inflation forecast retained at 5.4%

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October-December 2023 CPI inflation forecast retained at 5.4%

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January-March 2024 CPI inflation forecast lowered to 5.2% from 5.6% previously

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Disinflation likely to be gradual and protracted

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MPC has kept policy rate unchanged, but the war against inflation must continue until durable decline closer to the target is achieved.

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Are Tacos Healthy?

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