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Urban households’ one year inflation expectation higher than 3-month outlook: RBI Survey

Updated : April 07, 2021 11:38 AM IST

The RBI has forecast consumer price inflation at 5.0 percent in Q4:2020-21, 5.2 percent in Q1 (this fiscal), 5.2 percent in Q2, 4.4 percent in Q3 and 5.1 percent in Q4.
The MPC noted that the supply-side pressures on inflation could persist.
The bumper foodgrains production in 2020-21 should lead to softening of cereal prices.
Urban households’ one year inflation expectation higher than 3-month outlook: RBI Survey
Published : April 07, 2021 11:31 AM IST

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