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Elevated inflation warrants appropriate policy response, says RBI article

Times of India LogoTimes of India1 mo ago

Elevated inflation warrants appropriate policy response, says RBI article - Times of India

Quick Summary:

Inflation is persistently at elevated levels that warrants appropriate policy responses to anchor expectations going forward, said an RBI article published on Thursday.

Retail inflation based on the consumer price index (CPI) softened to 6.71 per cent in July, mainly on account of moderation in food prices.

For the rest of the year, the RBI's projections scent a steady easing of the momentum of price changes, it said.


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Article Details

Author / Journalist: PTI

Category: Economy

Topics: RETAIL INFLATION RBI Business news RBI INFLATION IMPORTED INFLATION RBI INFLATION

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-08-18, 20:49:12

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Reading Time: 3 minutes read

Article Length: 491 words

Coverage Area: India

Availability: Desktop Web, Mobile Web

News ID: 148627

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About Times of India

Times of India Logo

Main Topics: Economy

Official Website: timesofindia.indiatimes.com

Update Frequency: 17 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 4h ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #28

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