Inflation expected to remain higher than RBI tolerance level till Dec, says Shaktikanta Das
2 years, 5 months ago

Inflation expected to remain higher than RBI tolerance level till Dec, says Shaktikanta Das

Firstpost  

The RBI governor said inflation is currently the biggest challenge confronting most economies in the world and the current surge is primarily because of global factors New Delhi: India’s headline inflation is expected to remain higher than the Reserve Bank of India upper tolerance level of six per cent till December 2022, RBI Governor Shaktikanta Das has said. “Until December, CPI inflation is expected to remain higher than the upper tolerance level; thereafter it is expected to go below six per cent as per our current projections. As per the RBI monetary policy review announced earlier this month, Consumer Price Index based retail inflation is projected to remain 7.5 per cent in the first quarter of the current financial year. For the fourth quarter of the current financial year, the RBI’s forecast for inflation is 5.8 per cent.

History of this topic

Mint Quick Edit: Lower inflation raises the likelihood of an RBI rate cut
Trending News
1 week, 4 days ago
DC Edit | FM, new RBI chief signal cut
1 week, 4 days ago
Retail inflation slows slightly at 5.48%
1 week, 4 days ago
India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October
1 week, 4 days ago
Retail inflation eases to 5.48% in November from above 6% in October
1 week, 5 days ago
Inflation likely eased to 5.5% in November: Mint poll
1 week, 5 days ago
DC Edit | Will RBI tweak inflation focus?
1 week, 6 days ago
New RBI guv must keep macro picture in sight
1 week, 6 days ago
Shaktikanta Das's term ends amid rising inflation, GDP slowdown
2 weeks ago
​Staying the course: On the RBI and inflation
Trending News
2 weeks, 3 days ago
Amid high inflation, RBI keeps repo rate unchanged at 6.5%
2 weeks, 3 days ago
RBI must restore balance between inflation, growth
2 weeks, 4 days ago
RBI keeps key lending rate unchanged at 6.5%, focus remains on tackling inflation
2 weeks, 4 days ago
RBI cuts growth forecast to 6.6 per cent, revises inflation estimate to 4.8 per cent for FY25
2 weeks, 4 days ago
RBI must restore balance between inflation, growth
2 weeks, 4 days ago
RBI MPC meet: Growth needs a boost, but will inflation hold back rate cut?
Trending News
2 weeks, 5 days ago
Monetary policy review: RBI should stick to its price stability mandate
2 weeks, 5 days ago
Is MPC doing enough on inflation? Consumers are divided
3 weeks ago
Ajit Ranade: Inflation control holds primacy as an objective for RBI
4 weeks ago
India’s GDP growth estimated to decelerate to 6.3% in 2025, says Goldman Sachs; sees shallow RBI rate cut from Q1CY25
1 month ago
Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says
1 month ago
India’s central bank should adhere to its inflation-targeting mandate
Trending News
1 month ago
Piyush Goyal wants RBI to cut interest rates. Shaktikanta Das responds
1 month, 1 week ago
Mint Quick Edit | Inflation above 6%: There goes a December rate cut
1 month, 1 week ago
Retail Inflation Soars To 6.2% In October, Exceeding RBI's Tolerance Limit
Top News
1 month, 1 week ago
India's consumer inflation at 14-month high of 6.2%, first breach of RBI tolerance band since Aug 2023
1 month, 1 week ago
India’s 14-month high retail inflation fades hope of December rate cut
Trending News
1 month, 1 week ago
No relief for Indians, as inflation rise further to 5.81% in October because of food price surge
1 month, 1 week ago
RBI Maintains Status Quo on Benchmark Rates, Emphasizes Price Stability
2 months ago
India's Robust Economy Maintains Stability, Sets New Fiscal Deficit Target
2 months ago
'We Still Have Distance To Cover', Says RBI Guv Shaktikanta Das Amid Moderate Inflation
3 months, 1 week ago
Inflation control: India doing better than advanced economies like US and Germany, says SBI report
3 months, 1 week ago
‘Abandoning RBI’s inflation target regime could be risky, counterproductive’
4 months ago
Can the Reserve Bank of India rein in food inflation?
4 months, 1 week ago
RBI maintains calm against global noise
4 months, 2 weeks ago
RBI MPC 2024: RBI can’t ignore food inflation while framing monetary policy: RBI Governor Shaktikanta Das
4 months, 2 weeks ago
Core inflation at four-year low in FY24: Economic Survey
5 months ago
Explained: Why Economic Survey 2024 has taken a cautious stance
5 months ago
Positive on GDP growth, working to bring inflation under control: RBI Governor Shaktikanta Das
5 months, 4 weeks ago
India’s retail inflation eases to 12-month low of 4.75 per cent in May
6 months, 1 week ago
DC Edit | Cautious RBI targets inflation
8 months, 2 weeks ago
RBI MPC Keeps Repo Rate Same At 6.5% For 7th Time; FY25 GDP Pegged At 7%, CPI Inflation At 4.5%
8 months, 2 weeks ago
RBI Monetary Policy | MPC holds rate at 6.5% to tame inflation, FY25 real GDP growth projected at 7%, CPI inflation at 4.5%
8 months, 2 weeks ago
What RBI governor said on repo rate, inflation, GDP growth: Top points
8 months, 2 weeks ago
RBI MPC maintains repo rate at 6.5 per cent for the 7th consecutive time
8 months, 2 weeks ago
RBI Governor Shaktikanta Das Meet Finance Minister Ahead Of MPC
9 months ago
Inflation still at 5.1%, but food prices rise
9 months, 1 week ago
Need to be vigilant on inflation front: MPC minutes
10 months ago
Central bank work on lowering prices in delicate balance
10 months ago
RBI pegs FY25 growth at 7%, inflation at 4.5%
10 months, 2 weeks ago

Discover Related