India’s March Inflation Eases to 4.91%, Remains Above RBI Target
Economists surveyed by Reuters project that India’s consumer price inflation likely moderated to a five-month low of 4.91% in March. Despite this decrease, it remains above the Reserve Bank of India’s medium-term target of 4%, mainly due to persistent food price increases. RBI Governor Shaktikanta Das expressed concerns about food price volatility, emphasizing its impact … Read more