Inflation isn’t down to 4% yet due to food prices: RBI

The RBI's latest State of the Economy report reveals that despite efforts to lower core inflation, the target rate of 4% remains unmet. Recent data for January and February indicates that the brief decline in vegetable prices during winter has reversed. Meat and fish prices are on the rise, while cereal prices continue to surge.

Mar 20, 2024 - 01:00
Inflation isn’t down to 4% yet due to food prices: RBI
The RBI's latest State of the Economy report reveals that despite efforts to lower core inflation, the target rate of 4% remains unmet. Recent data for January and February indicates that the brief decline in vegetable prices during winter has reversed. Meat and fish prices are on the rise, while cereal prices continue to surge.