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Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the impact of these hikes before considering interest rate changes in the latter half of the fiscal year.
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economictimes.indiatimes.com
Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: Economists
Retail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the Reserve Bank of India will observe the…
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thehindubusinessline.com
Fuel price hikes may push India’s retail inflation to 5% by June
Economists warn fuel price hikes and rising crude oil costs could push India’s retail inflation to 5% by June and pressure RBI policy decisions.
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RBI to hold rates in June; majority now expect hike by year-end: Poll
The Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike by the end of the year. This shift is…