All 10 economists polled by Mint expect policy rates to remain unchanged. Most economists expect FY24 inflation to come in lower than RBI's projection of 5.2%.
"With uncertainty from weather-related risks (like El Nino) and resilient growth keeping core inflation a tad stickier than expected, we think RBI's inflation forecasts for the next 6-12 months are likely to be changed, albeit not materially," said Rahul Bajoria, chief India economist, Barclays. As such, Bajoria said, RBI may reduce its consumer price index (CPI) inflation projections closer to 5% from the current 5.2% average, with the bulk of the downgrades being made for first and second quarters of FY24.
Denne historien er fra June 05, 2023-utgaven av Mint Mumbai.
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Denne historien er fra June 05, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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