India's September inflation likely overshot RBI's 4% target: Reuters poll
- Posted on October 10, 2024
- By Business News Today
- 4 Views
India's September inflation likely overshot RBI's 4% target: Reuters poll
India's retail inflation in September exceeded the RBI's 4% target due to rising vegetable prices and a lower year-ago base. The inflation rate is predicted to be 5.04% compared to 3.65% in August. Core inflation also saw a slight increase. This might give the RBI space to start cutting interest rates by December.
