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'Long-term inflation targets at odds with near-term risks'
Mint Mumbai
|December 21, 2023
Inflation was at 4.87% in Oct, down from 5.02% in Sep and 6.83% in Aug. It rebounded in Nov to 5.5%
The objective of aligning India’s inflation with the 4% target on a sustainable basis is far from assured, according to an article in the Reserve Bank of India (RBI)’s December bulletin. It also cautioned against, what it called a case of hypermetropia or far-sightedness, among some of its stakeholders.
Cette histoire est tirée de l'édition December 21, 2023 de Mint Mumbai.
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