Mumbai, April 9 -- The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
The RBI Governor Sanjay Malhotra projected Consumer Price Index (CPI) inflation for the year at 4.0 per cent, assuming a normal monsoon. This is lower than current levels and shows improvement in price stability.
He said "On the inflation front, while the sharper-than-expected decline in food inflation has given us comfort and confidence, we remain vigilant to the possible risks from global uncertainties and weather disturbances".
According to the RBI, food inflation outlook has turned positive. Vegetable prices have seen a broad and significant seas...
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