RBI ups inflation target for FY23 to 5.7 per cent on rising global prices amidst geo-political tensions - Shahpur Turk CSC - Common Service Centre in Sonipat RBI ups inflation target for FY23 to 5.7 per cent on rising global prices amidst geo-political tensions

11 April 2022

RBI ups inflation target for FY23 to 5.7 per cent on rising global prices amidst geo-political tensions

The Reserve Bank of India on Friday (April 8) raised the retail inflation target for the current financial year to 5.7 per cent on the back of rising global prices amidst the ongoing geo-political tensions, even as it expected the prices of cereals and pulses to soften on prospects of good winter crop harvest.

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