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Economy

Inflation rises to 4%; space for monetary policy to stimulate growth shrinks

Updated : October 16, 2019 06:47 AM IST

The CPI trajectory is already running 20 basis points above the RBI’s forecast for the month of September.
Fiscal deficit is also looking almost certain to hit 3.5-3.7 percent given the steep fall in tax collections.
Inflation rises to 4%; space for monetary policy to stimulate growth shrinks
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