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RBI projects FY24 inflation at 5.2 per cent, says fight against inflation far from over

Although the Reserve Bank pared its inflation estimate from its February projection of 5.3 per cent, RBI Governor Shaktikanta Das said the inflation outlook remains dynamic amid the recent jump in crude oil prices on account of OPEC decision to cut output

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RBI Governor Shaktikanta Das. Pic/PTI

RBI Governor Shaktikanta Das. Pic/PTI

The Reserve Bank of India (RBI) on Thursday projected marginal easing in retail inflation to 5.2 per cent in the current fiscal, but cautioned that the fight against inflation is far from over.

Although the Reserve Bank pared its inflation estimate from its February projection of 5.3 per cent, RBI Governor Shaktikanta Das said the inflation outlook remains dynamic amid the recent jump in crude oil prices on account of OPEC decision to cut output.

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