CPI Inflation Forecast For Oct-Dec 2022 Raised To 6.6% vs 6.5%

GDP growth in India remains resilient, with inflation expected to moderate, but the battle against high prices is not yet over. Pressure points from high and sticky core inflation and exposure of food inflation to international factors and weather-related events remain. While being watchful of the impact of earlier monetary policy actions, RBI will keep a watch on the evolving inflation dynamics and be ready to act as may be necessary. RBI's actions will be nimble and in the best interest of the economy, and growth will be kept in mind, says RBI Governor Shaktikanta Das.