RBI lowers India’s Inflation Forecast For 2023-24 To 5.1%

The Reserve Bank of India (RBI) has lowered India’s inflation projection for 2023-24 to 5.1 per cent against its April estimate of 5.2 per cent. On a quarterly basis, retail inflation (or Consumer Price Index) in Q1 is seen at 4.6 per cent, Q2 at 5.2 per cent, Q3 at 5.4 per cent, and Q4 […]

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