Households expect inflation to rise over 3 month & one year horizon

Households in India expect inflation to decrease in the short term but anticipate a slight increase over the next three months to a year, according to a survey by the Reserve Bank of India. Inflation expectations for the coming months rose slightly, with more respondents predicting price increases across various product categories. The central bank projects CPI inflation for 2024-25 at 4.5%, with risks balanced and slightly higher projections for subsequent quarters.
Read The Rest at :