......Going forward, Mr. Rangarajan said, the declining trend in inflation will continue and WPI may ease to 6.5 per cent by March-end. Quoting an econometric study, the former RBI governor said, “The threshold inflation level is around six per cent, but there is a need to look slightly lower as the level is much higher than what many other countries in the world... advanced countries treat as the acceptable level of inflation.”.......
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