Inflation Rate In India 2024 Rbi
Inflation Rate In India 2024 Rbi. As inflationary pressures waned, most central banks halted policy rate increases while a few moved ahead with rate cuts. The reserve bank of india (rbi) act enjoins the rbi to set out deviations of actual inflation outcomes from projections, if any, and explain the underlying reasons thereof.
It eased to 4.9 per cent in october but firmed up to 5.7 per cent in december and then. The sharp increase in inflation of 1.75 percentage points came from a positive.