Inflation projection was retained at 6.7 per cent for the current financial year, CPI inflation is projected to further reduce to 5 pc in Q1 of FY 2023-24, informed Governor of Reserve Bank of India Shaktikanta Das. Inflation projection is retained at 6.7 percent for the current year, with Q2 at 7.1 percent, Q3 at 6.5 percent and Q4 at 5.8 percent with risks evenly balanced. CPI inflation is projected to further reduce to 5 pc in Q1 of FY 2023-24… Monetary policy must remain alert and nimble, said Das.
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