November 30, 2024

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Inflation May 2024 Impact

Inflation May 2024 Impact. Inflation for fiscal 2024 stood at 5.4%, at par with the central bank’s forecast. We now expect that the region’s economy will slow less than we previously projected as inflation pressures.


Inflation May 2024 Impact

The surge in food and beverage prices has emerged as a key factor driving india’s inflation in the fiscal year 2024, according to the reserve bank of india’s (rbi) annual report. Headline inflation, after remaining steady at 4.8 per cent during april and may 2024, increased to 5.1 per cent in june 2024, primarily driven by the food component, which remains.

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