INSUBCONTINENT EXCLUSIVE:
lowered retail inflation projection in the range of 2.7-3.2 per cent for the second half of the current fiscal, citing normal monsoon and
The broad-based weakening of food prices imparts downward bias to the headline inflation trajectory going forward, the RBI said in its fifth
bi-monthly monetary policy announced here
Meanwhile, the central bank maintained status quo in monetary policy announcement, leaving the key interest rate unchanged at 6.5 per
International crude oil prices have declined sharply since the last policy and the price of Indian crude basket collapsed to below $60 a
barrel by end-November after touching $85 a barrel in early October
"Taking all these factors into consideration and assuming a normal monsoon in 2019, inflation is projected at 2.7-3.2 per cent in H2
remains unchanged after adjusting for the HRA impact of central government employees as this impact dissipates completely from December 2018
Although recent food inflation prints have surprised on the downside andprices of petroleum products have softened considerably, it is
