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Inflation environment improving says RBI Deputy Governor

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Last Updated : Oct 24 2024 | 10:31 AM IST
RBI Deputy Governor Michael Debabrata Patra had stated in previous monetary policy meeting that the path of inflation is adjusting towards the target, despite potential hurdles from adverse base effects and price shocks in vegetables, edible oils, and grams. He opined that overall inflation environment is improving with expectations that these shocks will dissipate by December as supply conditions normalise.

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First Published: Oct 24 2024 | 10:15 AM IST

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