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Published 1 year ago

Inflation may fall to 5.2% next fiscal on normal rains, ease in supplies sans no exogenous shocks: RBI report

Summary by Ground News
The retail inflation may come down to 5.2% in the next fiscal beginning April 2023, stated a report by the Reserve Bank of India (RBI) The speculation of easing inflation comes on the back of assumption of normal rains and further normalisation of global supply chains without any exogenous shocks. The central bank is mandated to keep retail inflation in a range of 2-6%.

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