Question
The RBI has revised India's inflation projection to
what per cent from the earlier estimate of 5.7 per cent?Solution
RBI has now projected the inflation rate will be at 6.7 per cent in 2022-23, with Q1 at 7.5 per cent; Q2 at 7.4 per cent; Q3 at 6.2 per cent; and Q4 at 5.8 per cent, with risks evenly balanced.
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