Business Standard

Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv

There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation, says Shaktikanta Das

RBI governor Shaktikanta Das
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Reuters New Delhi
Reserve Bank of India is committed to its inflation mandate and the likely uptick in January inflation towards the upper end of its target band should not create any panic, Governor Shaktikanta Das said on Monday.

"Today's inflation print is expected to be around 6%. So that should not surprise or create any alarm, because we have taken that into consideration," Das said.

"There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation," he added.

Das made the comments after a meeting with finance minister Nirmala Sitharaman and the central

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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