The report, authored by RBI staffers, including Deputy Governor in charge of monetary policy Michael Patra, said though headline numbers may fall in July and August due to base effect, it is likely to reverse in September.
"A modest easing of headline inflation in the reading or April 2024 conrmed our expectation hat an uneven pace of alignment with the target is underway," said the report, which does not represent the views of the central bank.
The RBI has projected consumer price index (CPI) inflation of 4.5 per cent in FY25, with Q1 at 4.9 per cent; Q2 at 3.8 per cent; Q3 at 4.6 per cent; and Q4 at 4.5 per cent.
Bu hikaye Business Standard dergisinin May 22, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 22, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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