RBI Bulletin: Headline inflation to average 'well above' 6% in July-September
The comment in the RBI Bulletin comes days after data showed headline retail inflation shot up to a 15-month high of 7.44 percent in July
Stay updated with breaking news from Rbi Article. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The comment in the RBI Bulletin comes days after data showed headline retail inflation shot up to a 15-month high of 7.44 percent in July
The output gap is the difference between an economy's actual output and what it can potentially produce. When the gap is positive, it can lead to demand-pull inflationary pressures
For the five most indebted states of Bihar, Kerala, Punjab, Rajasthan and West Bengal, the debt stock is no longer sustainable, as the debt growth has outpaced their Gross State Domestic Product (GSDP) growth in the last five years, it warned.
The paper said the g-sec yield curve contains important clues on the likely behaviour of the economy.
The article also made a case for longer policy support for a sustained and inclusive recovery, saying the choice of policy mix would need careful consideration and sensitivity