Inflation Target Range

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  Retail Inflation Likely Picked Up In Nov On Higher Food Prices: Survey

  India's retail inflation likely picked up in November due to higher food prices after declining for three months, bringing it closer to the upper end of the Reserve Bank of India's (RBI) 2%-6% target range, a Reuters poll found.

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  Inflation Likely Cooled In August But Still Above RBI Target Range: Report

  Inflation was likely to have eased in August from a 15-month high in July, led by cooling vegetable prices, but held above the upper end of the Reserve Bank of India's 2 percent to 6 percent target for a second month, a Reuters poll found.

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  Union Budget 2023: Centre Likely To Focus On Deficit Reduction

  In pulling back the deficit, Finance Minister Nirmala Sitharaman's budget for the financial year beginning April 1 will also help hold inflation below the top of the central bank's target range, 6%.

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  Inflation To Fall To Within RBI's Target Range By March 2023: Report

  Morgan Stanley expects India's retail inflation to track within the Reserve Bank of India's target band by March 2023.

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  July Retail Inflation Eased To A Four-Month Low Of 6.71%, But Above RBI's Target

  Retail inflation eased to an annual 6.71 per cent in July, the lowest since March, but above the upper limit of the Reserve Bank of India's target range for seven straight months.

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  RBI Hikes Key Lending Rate, Loans To Get Costlier: 10 Points

  The Reserve Bank of India raised its key interest rate by 50 basis points on Wednesday, taking the repo rate to 4.9 per cent, and raised its inflation projection for the current fiscal to 6.7 per cent, well above the upper-end of its target range of 2-6 per cent.

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  Imported Price Pressures Dominate; Inflation To Exceed RBI's Target Again: Barclays

  Retail inflation in March likely exceeded the Reserve Bank of India's upper end of the target range, once again, driven by higher energy costs, but the central bank will mostly overlook the rising price pressures as temporary, wrote economists at Barclays in a research note.

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  Rupee Strengthens A Touch As Oil Prices Dip To Just Above $100; Risks Remain

  The rupee strengthened a touch to 76.33 early on Tuesday, tracking the dip in oil prices for a second straight session. Still, inflation above the Reserve Bank of India's upper end of the target range of 2-6 per cent and widening trade deficit should limit the sentiment.

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  Retail Inflation Rises Further To 6.07% In February, Above RBI's Target Band

  India's retail inflation rose further in February to 6.07 per cent annually, up from 6.01 per cent in January, suggesting price pressures above the Reserve Bank of India's top end of the target range band of 2 per cent to 6 per cent, data showed.

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  November Retail Inflation Likely Rose To 5.10%: Report

  Retail inflation likely accelerated last month towards the upper limit of the Reserve Bank of India's target range as fruit and vegetable prices climbed, a Reuters poll found.

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  Government, RBI Retain 2%-6% Inflation Target For 5 Years

  Retail inflation accelerated to 5.03 per cent year-on-year, a three-month high, in February on higher fuel prices.

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  Government May Leave RBI's Inflation Target Range Unchanged: Report

  A consumer-price inflation band tracked by the Reserve Bank of India is likely to be retained at the current 2 per cent-6 per cent range, said the people, who asked not to be identified citing rules before the framework is finalized by March 31

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  Consumer Inflation Soars To 7.34% In September, Worst Since January

  Consumer inflation in the country increased to 7.34 per cent in September from 6.69 per cent in the previous month as food prices continued to surge, government data showed on Monday. That marked the highest level of inflation recorded since January, and well above the upper end of the RBI's target range of 2-6 per cent. The latest reading of consu...

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  RBI To Hold Rates As Inflation Rises, Even In Recession: Poll

  August inflation, at 6.69 per cent, held above the top end of the RBI's medium-term target range of 2-6 per cent for the fifth consecutive month.

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  Shaktikanta Das Says RBI To Take More Steps, If Required, To Battle COVID-19: Highlights

  His remarks come days after official data showed retail inflation remains above the RBI's target range of 4-6 per cent for a fifth straight month.