India's retail price inflation is expected to fall below 7% in October from 7.41% in September, Reserve Bank of India Governor Shaktikanta Das said on Saturday.
Inflation is a major challenge for India but the central bank and government have taken several measures to deal with it effectively over the last several months, Das said at the HT Leadership Summit in New Delhi.forecast retail price inflation to slow in October to 6.73%, due to weaker food price rises and a strong base year-on-year, but to remain stubbornly above the 6% upper limit of the central bank's tolerance band.
Das said it was too early to get into a debate about whether inflation is likely to stay higher for longer. The change in inflation target could indicate that the central banks are less committed to "fight the war against inflation. It's too early to enter into that debate," he said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
41 Timeless Recipes From ‘Gourmet’ to Make This ThanksgivingLet these recipes grace your table this year.
Les mer »
Chris Evans, 41, has been dating actress Alba Baptista, 25, ‘for over a year’: report“They are in love and Chris has never been happier,” a source told People. “His family and friends all adore her.”
Les mer »
41 Gifts for 3-Year-Olds They Won’t Want to Put DownOn the hunt for standout toddler gifts? Check out our list of the best toys for 3-year-olds—plus, other presents that will make them smile.
Les mer »
The 41 Prettiest Winter Nail Art IdeasWhen the gloves come off, these winternails will look hot enough to melt snow 💅 nailinspo
Les mer »
Here Are 41 Hilariously Trivial 'Unpopular Opinions' That Are Absolutely Sending MeThis is a safe space... however some of you people do not make me feel safe.
Les mer »
Chris Evans Has Been Secretly Dating Alba Baptista 'for Over a Year'“It's serious,” between the 41-year-old actor and 25-year-old actress, a source said.
Les mer »