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Wholesale prices to fuel consumer inflation, says RBI

The Reserve Bank of India (RBI) has warned of more inflation as an increase in wholesale prices gets passed on to consumers with a lag. The conflict over Ukraine and the consequent spike in commodity prices has overcast the outlook for inflation in India as in the rest of the world, the central bank has cautioned.

The Reserve Bank of India (RBI) has warned of more inflation as an increase in wholesale prices gets passed on to consumers with a lag. The conflict over Ukraine and the consequent spike in commodity prices has overcast the outlook for inflation in India as in the rest of the world, the central bank has cautioned. from Times of India https://ift.tt/TaSeUvq
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