MUMBAI: A top policy maker says India’s inflation has peaked, dismissing concerns over the central bank’s dovish outlook when several peers are turning to tightening.“ Inflation is a case of statistical effects in India, ” Reserve Bank of India( RBI) deputy governor Michael Patra said in a virtual address to the Asia Economic Dialogue 2022.“ If you look at the momentum, it is actually declining.” The rebuttal follows several economists expressing doubts about the RBI’s benign inflation forecast
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2022-02-25 00:00:00.0