Inflation forecast for the current fiscal remains at 6.7 per cent: RBI Governor Shaktikanta Das | business – Times of India Videos

Inflation forecast for the current fiscal was retained at 6.7 per cent, with CPI inflation projected to moderate to 5 per cent in the first quarter of FY 2023-24, RBI Governor Shaktikanta Das informed. Inflation forecast for the current year has been retained at 6.7 per cent, with risks evenly balanced at Q2 7.1 per cent, Q3 6.5 per cent and Q4 at 5.8 per cent. CPI inflation is projected to further decelerate to 5 per cent in the first quarter of FY 2023-24… Monetary policy should remain cautious and tight, Das said.