Rarely does a central bank feel happy when its prediction goes wrong, but the latest release of wholesale price inflation data, on 15 April, was such an occasion for the Reserve Bank of India (RBI). The data showed that the genie of wholesale inflation had finally been bottled in India, Asia’s third largest economy, and it may remain so at least for the time being with global commodity prices increasingly moving south.............
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment