TNPSC Thervupettagam

CPI Inflation

April 12 , 2020 1820 days 1061 0
  • The Reserve Bank of India projected that the consumer Price Index (CPI) is to ease from 4.8% in Q1 to 4.4% in Q2 of the financial year 2020-21.
  • The estimated easing of CPI implies that the aggregate demand will weaken further.
  • Currently, RBI is following target inflation rate in the country.
  • The inflation target has been set at 4% with +2% and -2% as target bands on either sides.
  • This means that RBI will try to maintain the inflation rate between 2% and 6%.
  • The Inflation Targeting was adopted by Government of India in 2015.

Be the first to Comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Categories

PrevNext
SuMoTuWeThFrSa
  12345
6789101112
13141516171819
20212223242526
27282930   
Top