scorecardresearch
Thursday, September 4, 2025
Support Our Journalism
HomeANI Press ReleasesRBI projects Consumer Price Index inflation at 5.3 pc for FY 2022

RBI projects Consumer Price Index inflation at 5.3 pc for FY 2022

Follow Us :
Text Size:

RBI Governor Shaktikanta Das (Photo/ ANI)

Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 per cent for the financial year 2022.

RBI Governor Shaktikanta Das, addressing a press conference here on Friday, informed that the CPI inflation for the first quarter of the financial year (FY) 2022-23 is projected at 5.2 per cent.

“The projection for real Gross Domestic Product (GDP) growth is retained at 9.5 per cent for FY 2021-22. This consists of 7.9 per cent in the second quarter, 6.8 per cent in the third quarter and 6.1 per cent in the fourth quarter of 2021-22,” Das said.

He further informed that the real GDP growth for the first quarter of FY 2022-23 is projected at 17.2 per cent.

Meanwhile, the RBI on Friday kept the repo rate unchanged for the eighth time straight and continued with an accommodative stance.

The repo rate — the central bank’s lending rate — remains unchanged at 4 per cent and the reverse repo rate — borrowing rate — at 3.35 per cent. (ANI)

This story is auto-generated from a syndicated feed. ThePrint holds no responsibility for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

  • Tags

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular