Why RBI cannot ignore food price pressures in overall inflation management

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The underlying reasoning of economists at the Ministry of Finance is that higher food prices are often driven by supply-side issues, not demand-induced.

An interesting and lively debate is currently underway in the country on persistently high food inflation and its implications for monetary policy.

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Category: BusinessFinance

Markets: India

Topics: Inflation RBI Business Standard Editorial Comment Editorial Comment BS Opinion

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 22:56:51 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 113 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 19 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22213671

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