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Июнь
2024

India's disinflation process proving to be arduous thanks to stubborn food inflation: RBI Guv Das

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India's disinflation process proving to be arduous thanks to stubborn food inflation: RBI Guv Das

RBI Governor Shaktikanta Das stated that bringing India's retail inflation to the 4% target is challenging due to persistent food price inflation, driven by weather-related supply issues. Speaking at an event, he highlighted that despite moderating core inflation, food inflation remains high, averaging 8% over the past seven months.