Inflation likely hit a near six-year high in January: Report
BENGALURU: Retail inflation likely rose to a near six-year peak in January as food prices stayed high, according to a small majority of economists in a Reuters poll, which may persuade the Reserve Bank of India (RBI) to keep interest rates on hold in the coming months.
The February 5-7 poll consensus of more than 40 economists showed India’s annual consumer price inflation is expected to have risen to 7.40% in January, a touch above December’s 7.35% and the highest since May 2014.
While nearly half of the economists polled predicted price pressures eased in January, none expected it to have fallen within the RBI’s medium-term target range of 2%-6%, suggesting a significant decline in inflation over the coming months was unlikely.
Modi hai to mumkin hai
How to kno that Infltion is all time High?
Abdur Raheem Ibraheem
Growth is going down and prices rising,the economy is entering a difficult phase
A controlled Inflation is good.!
A limited inflation is good for economy .
But it shouldn't be over 7 or 8%.
Onion is cause of inflation.
Inflation should not be more than 6% otherwise it is good indecation for our economy, we are coming our of recession bcs demand is increasing
This go nment is good for nothing.
During UPA inflation rate was 10+
Is India is heading towards Stagflation
Abdul Narayan D'souza
Retail inflation can only be tackle if all mediators between Farmer & Consumer is tackle. Give direct market access to Farmer all over India
basically higher inflation is good for india
India if want to grow above 6% than inflation increase is needed