NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / Business News / RBI maintains 4.5% inflation forecast for FY25
    Summarize
    Next Article
    RBI maintains 4.5% inflation forecast for FY25
    Final stage of disinflation may be prolonged and challenging: RBI Governor

    RBI maintains 4.5% inflation forecast for FY25

    By Mudit Dube
    Jun 07, 2024
    11:58 am

    What's the story

    The Reserve Bank of India (RBI) has kept its inflation forecast for the fiscal year 2024-2025 at 4.5%, as announced by the Monetary Policy Committee (MPC).

    The quarterly breakdown is as follows: Q1 at 4.9%, Q2 at 3.8%, Q3 at 4.6%, and Q4 at 4.5%.

    Shaktikanta Das, the Governor of the RBI, stated that the risks are evenly balanced.

    Inflation concerns

    Persistent food inflation pressures outweigh benefits

    Das explained that the Consumer Price Index (CPI) headline inflation had softened in March and April.

    However, he pointed out that the persistent food inflation pressures have outweighed the benefits from core disinflation and fuel deflation.

    Despite some reduction, inflation in pulses and vegetables remained in double digits.

    He also observed that vegetable prices are rising this summer after a brief correction during the winter season.

    Concerns ahead

    Final stage of disinflation may be prolonged and challenging: Das

    Das has expressed concerns that the final stage of disinflation in the country may be prolonged and challenging due to ongoing geopolitical tensions, supply chain disruptions, and commodity price volatility.

    Despite growth remaining robust, the central bank has more flexibility to prioritize price stability to ensure that inflation aligns with the target over the long term, given the current economic environment.

    RBI has maintained the repo rate at 6.5% for the eighth consecutive time.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    Consumer Price Index (CPI)
    Monetary Policy Committee
    Reserve Bank Of India (RBI)
    Shaktikanta Das

    Latest

    Aston Villa get Champions League boost with win over Tottenham Aston Villa
    TV side roles to film darling: Mrunal's journey to stardomĀ  Bollywood
    Roston Chase named West Indies Test captain: Decoding his stats Kraigg Brathwaite
    FA Cup final, Crystal Palace vs Manchester City: Decoding stats Crystal Palace

    Consumer Price Index (CPI)

    Inflation at a five year low Reserve Bank Of India (RBI)
    CSO modifies base year for IIP, adds relevant items India
    Retail inflation hit 4.88% in November; highest in 15 months India
    Before budget, inflation at 5.2% and Industrial growth at 8.4% India

    Monetary Policy Committee

    Monetary Policy Committee to rely on demonetization for rates? India
    RBI rate cut in February unlikely? India
    RBI maintains status quo on Repo rate Reserve Bank Of India (RBI)
    RBI: Repo rate remains unchanged at 6%; GVA growth-estimate slashed India

    Reserve Bank Of India (RBI)

    Over 97% of Rs. 2,000 notes returned, says RBI India
    Paytm Payments Bank fined Rs. 5.49 crore for money laundering Prevention of Money Laundering Act (PMLA)
    Finance Ministry imposes Rs. 5.49cr fine on Paytm Payments Bank Paytm
    Paytm Payments Bank may lose license for flouting RBI's norms Paytm

    Shaktikanta Das

    RBI announces Rs. 50,000 crore liquidity for COVID-19-related healthcare COVID-19
    RBI keeps repo rate at 4%, cuts GDP growth projection India
    Salary, pension, EMI rules changing; all you need to know Reserve Bank Of India (RBI)
    RBI retains growth at 9.5%, advocates support to nurture recovery Reserve Bank Of India (RBI)
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025