New Delhi, Feb. 19 -- High-frequency indicators point towards a sequential pick-up in the momentum of economic activity during the second half of 2024-25, which is likely to sustain moving forward, RBI said on Wednesday in its monthly bulletin.

The monthly bulletin noted that the Union Budget 2025-26 prudently balances fiscal consolidation and growth objectives by continued focus on capex alongside measures to boost household incomes and consumption.

Retail inflation moderated to a five-month low in January, mainly due to a sharp decline in vegetable prices.

The Union Budget 2025-26 has placed thrust on boosting consumption while maintaining the quality of expenditure, with effective capital expenditure/ GDP ratio budgeted to improve t...