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Retail inflation likely to average 4.5 pc in 2024-25: RBI DG Patra

By Economic Times - 3 weeks ago
RBI deputy governor Michael Debabrata Patra projected retail inflation to average 4.5% in 2024-25, aligning with the target by 2025-26. He highlighted the unique challenges due to food and fuel price shocks, emphasizing monetary-fiscal coordination for financial stability and growth.

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