US EditionDo it yourself: Focus on affordability quotient not inflation
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Do it yourself: Focus on affordability quotient not inflation
The rate of Consumer Price Inflation (CPI) in India dropped to 3.34% in the month of March; below the lower bound (4%) of the regulator’s (RBI) target band of 4% to 6%. It is definitely a significant development insofar as the monetary policy consideration, macroeconomic stability, and consumer confidence are concerned. If this trend sustains, it would pave the path for further easing in the monetary policy; improve the fiscal outlook; improve t…
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