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Icra expects the headline CPI inflation to decline to 4.6% in FY2022 from 6.4% in FY2021, while exceeding the mid-point of the Monetary Policy Committee s medium target of 4%, for the third consecutive year ....
The economy is reflating at a pace that beats most predictions, which was evident after the National Statistical Office data for the second quarter was released, says RBI report ....