India’s inflation is projected to ease within the fourth quarter, aligning with the 4% goal by FY26, pushed by a robust Rabi harvest, in keeping with the Financial Survey 2024-25.
The IMF reported a decline in world inflation to five.7% by 2024, down from 8.7% in 2022, whereas India’s retail inflation additionally decreased from 5.4% in FY24 to 4.9% in FY25, as famous within the survey.
The Financial Survey highlighted dangers to inflation from world political and financial uncertainties, stressing the significance of cautious coverage interventions.
Finance Minister Nirmala Sitharaman introduced the survey within the Lok Sabha forward of the Union Price range.
Ready by the Financial Division of the Division of Financial Affairs, the doc opinions the state of the financial system and descriptions short-to-medium-term financial prospects.
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