Business News›News›Economy›Indicators›Inflation could stay well above 6% in Q2; less probability of oil prices easing: RBI bulletin
Inflation could stay well above 6% in Q2; less probability of oil prices easing: RBI bulletin
Headline inflation is expected to average well above 6 per cent in the second quarter, said the Reserve Bank of India's monthly bulletin on Thursday. "Headline inflation, after reaching a low of 4.3 per cent in May 2023, rose in June and is expected to surge during July-August led by vegetable prices," said RBI governer Shaktikanta Das.
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