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Revised CPI basket signals shift toward services, lower food weight, infla
Updated : 1 week ago IST
The new Consumer Price Index (CPI) series with base year 2024 reflects significant structural changes in consumption patterns and inflation measurement, but is unlikely to materially alter the overall inflation outlook, according to a report by SBI Research.
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MPC inflation forecasts show no systematic bias as RBI now uses 'suite of
Updated : 3 months, 2 weeks ago IST
Addressing the challenges of inflation and growth forecasting, especially given India's high food weight in the CPI basket, RBI Deputy Governor Poonam Gupta said the RBI now employs a "suite of models," high-frequency indicators, expert consultations, and updated data windows to minimise err
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Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report
Updated : 5 years ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday.
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