Home » RBI projected Retail (CPI) inflation at...

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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

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.

Find More News on Economy Here

About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.