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RBI projected Retail (CPI) inflation at 5.3% for 2021-22

Sumit Arora Published On November 15th, 2021 Leave a comment

The RBI has projected the CPI inflation at 5.3 per cent for 2021-22. According to MoSPI data, inflation in the food basket rose to 0.85 per cent in October, compared to 0.68 per cent in the preceding month. India’s retail inflation rate, measured by the Consumer Price Index (CPI), rose slightly in October to 4.48% year-on-year from 35% in September due to an uptick in food prices. The inflation was 61% in October last year.

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RBI Founded: April 1, 1935;
RBI Headquarters: Mumbai, Maharashtra;
RBI Governor: Shaktikanta Das;
RBI Deputy Governors: Mahesh Kumar Jain, Michael Debabrata Patra, M Rajeshwar Rao, T Rabi Sankar.

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Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.