Recent govt steps to cut inflation by 0.35-0.4%, says SBI report - Economic Times

5/31/2022 12:00:00 AM2 years 11 months ago
by Diksha Tripathy
by Diksha Tripathy
The upcoming months might witness an impact of this decline in retail-based inflation. In Current fiscal, the retail-based inflation is expected to average at 6.5%-6.7%. The Reserve Bank of India had suggested a reduction on fuel prices as a measure against i…
The recent cuts on excise duty and import taxes could result in the easing of inflation by 35-40 bps as stated in 's research report. The CPI inflation for the ongoing month of May could come down … [+1197 chars]
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