NewsX: India could soon see 6%-plus inflation
- 5 years ago
Wholesale Price Index (WPI)-based inflation might breach the six per cent-mark in the coming months, against 5.79 per cent in July, owing to the rupee's fall.
In the three months till June, WPI-based inflation stood within the Reserve Bank of India's (RBI's) comfort zone of four-five per cent. In its monetary policy review last month, RBI had said it would try to restrict inflation to five per cent by the end of this financial year.
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In the three months till June, WPI-based inflation stood within the Reserve Bank of India's (RBI's) comfort zone of four-five per cent. In its monetary policy review last month, RBI had said it would try to restrict inflation to five per cent by the end of this financial year.
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Subscribe to our YouTube Channel : http://www.youtube.com/newsxlive