India’s inflation falls into the third straight moon, the additional rate is the case to reduce
The Central Bank of India is the main interest rate for the seventh flat policy meeting on Friday, because this is expected to increase the economy while inflation is higher than 4% of the target.
Bloomberg | Bloomberg | Getty pictures
India’s hood inflation provides annual inflation in January to 4.31% in January to 4.31%, the first time of the country’s central bank to reduce money In about five years last week.
The January reading was the lowest since August 2024, and the 4.6% of economists made by Reuters were fell below expectations.
When the price increase is cooled along the plaque, the inflation of food prices decreased significantly in December 7.69% to 5.68% in December. The annual price increase for vegetables in December in December in December, from 26.56% to 11.35% in December.
“Harry Chambers, Consulting Capital Economy, a high-rise in the coming months,” Harry Rooms, Consulting Capital Economy “and the main pressure from the economy should be checked.”
Another ratio of inflation was reduced to 6.25% to 6.25% in another proportion of the Indian Reserve Bank, and 6.55% in the proposal to increase the naughty economy on Friday.
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The RBI is currently facing a dilemma because it is used to prepare growth in the third largest economy, but the ratio-focused ratio-focused rise in the early this month is under pressure for a record and stronger causes.
Indian currency has strengthened these two days in these two days Due to the intervention by the Central Bank.
RBI Governor Sanjay Malhotra said In his statement The decision to reduce prices is that inflation is obliged to reduce inflation to the target of about 4% to 4% in 2025 and 2026.
Full annual increase for the financial year ending in March 2025 According to government estimates, 6.4% are expected to be expected, below 8.2% a year. RBI also reduced the growth forecast for the current financial year – 6.4% of the government – to match the government outlook. The Bank held a 6.6% increase in the previous assessment at 6.6%.
“This growth-inflation dynamics, for MPC (monetary committee), to support growth, when the target is directed to the alignment of inflation with the target, he said.
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