Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: September 30, 20212021-09-30T21:22:36+05:30 2021-09-30T21:22:36+05:30In: Economics What is Inflation rate? What is Inflation rate? economic graphs in indicators Share Facebook 1 Answer Recent Rahul 0 Questions 518 Answers 176 Best Answers 2k Points View Profile Rahul BRIGHT 2021-09-30T21:25:05+05:30Added an answer on September 30, 2021 at 9:25 pm Inflation rate Retail inflation, calculated on the basis of Consumer Price Index (CPI), has been above the RBI’s upper bound infl ation target of 6 per cent for more than 11 months. In the Monetary Policy Committee (MPC) meeting in December 2020, the RBI Governor Shaktikanta Das projected CPI infl ation at 6.8 per cent for December quarter and 5.8 per cent for March quarter of the current fi scal (FY21). The said inflation is predicted to hover in the range of 4.6 per cent to 5.2 per cent with risks continuing to be broadly balanced. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Cash Reserve Ratio (CRR)? What is Government debt to GDP?