India’s retail inflation eases to 4.35% in September; August IIP 11.9%

The RBI has projected the CPI inflation at 5.3% during 2021-22: 5.1% in the second quarter, 4.5% in third, and 5.8% in the fourth. CPI inflation for the first quarter of 2022-23 is projected at 5.1%. Inflation trajectory is turning out to be more favorable than anticipated, said Reserve Bank of India Governor Shakti kanta Das last week during his monetary policy decision address.