Current inflation target framework 'appropriate' for next 5 years, says RBI
Current inflation target framework 'appropriate' for next 5 years, says RBI As per the RBI, headline CPI inflation averaged 3.9 per cent in India during October 2016 to March 2020 (excluding Covid-19 period) with a decline in inflation volatility, which shows the success of flexible inflation targeting BusinessToday.In | February 26, 2021 | Updated 14:44 IST RBI Governor Shaktikanta Das The Reserve Bank of India (RBI) in its latest report on Currency and Finance (RCF) for 2020-21 has said the current numerical framework to define price stability -- an inflation target of 4 per...
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