RBI MPC keeps repo rate unchanged at 6.5%
08-Aug-2024Read more
India's headline inflation moderated to 5.1 per cent in January on the back of correction in food basket prices and a favourable base effect.
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In the February MPC policy, both repo rate and stance have been left unchanged. RBI sounded cautious and reiterated its focus on inflation targeting.
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India's headline inflation for the month of December 2023 was recorded at 5.69 per cent, lower than the market expectations. At 3.89 per cent, the core inflation fell below 4 per cent for the first time since December 2019.
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