Prospects for Indian eco brighter than earlier: CEA

He also said that the moderation in commodity prices augurs well for inflation, with retail inflation expected to ease to around 4%, the mid-point of 2-6% target for the RBI's monetary policy committee. Retail inflation has cooled down to 4.7% in April after topping 6%, providing cheer to policymakers.​

Jun 1, 2023 - 04:30
Prospects for Indian eco brighter than earlier: CEA
He also said that the moderation in commodity prices augurs well for inflation, with retail inflation expected to ease to around 4%, the mid-point of 2-6% target for the RBI's monetary policy committee. Retail inflation has cooled down to 4.7% in April after topping 6%, providing cheer to policymakers.​