RBI sees higher inflation in first half of FY201 min read . Updated: 06 Jun 2019, 12:32 PM IST
- The RBI has pegged the inflation rate at 3.0-3.1% for April-September and 3.4-3.7% for the following six months
- A sharp slowdown in investment activity along with a continuing moderation in private consumption growth a matter of concern: Monetary policy committee
New Delhi: The Reserve Bank of India today revised its forecast for India’s economic growth downwards to 7.0% from 7.2% with “risks evenly balanced". The central bank also revised its inflation projections, raising it a little for the first six months of the year while cutting it for the second half.
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