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
Inflation in the current financial year and the next financial year (FY27) is likely to be much lower than the Reserve Bank of India's (RBI) projections, according to a report released by the State Bank of India (SBI).
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the country's broader price stability, partly due to recent GST reforms.