{"id":7934,"date":"2021-10-08T08:39:12","date_gmt":"2021-10-08T08:39:12","guid":{"rendered":"https:\/\/ncrfrontlinenews.com\/?p=7934"},"modified":"2021-10-08T08:39:12","modified_gmt":"2021-10-08T08:39:12","slug":"rbi-projects-consumer-price-index-inflation-at-5-3-pc-for-fy-2022","status":"publish","type":"post","link":"https:\/\/ncrfrontlinenews.com\/?p=7934","title":{"rendered":"RBI projects Consumer Price Index inflation at 5.3 pc for FY 2022"},"content":{"rendered":"<p>Mumbai (Maharashtra): The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 per cent for the financial year 2022.<\/p>\n<p>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.<\/p>\n<p>\u201cThe 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,\u201d Das said.<\/p>\n<p>He further informed that the real GDP growth for the first quarter of FY 2022-23 is projected at 17.2 per cent.<\/p>\n<p>Meanwhile, the RBI on Friday kept the repo rate unchanged for the eighth time straight and continued with an accommodative stance.<\/p>\n<p>The repo rate \u2014 the central bank\u2019s lending rate \u2014 remains unchanged at 4 per cent and the reverse repo rate \u2014 borrowing rate \u2014 at 3.35 per cent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra): 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-7934","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"_links":{"self":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7934"}],"version-history":[{"count":1,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934\/revisions"}],"predecessor-version":[{"id":7936,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/posts\/7934\/revisions\/7936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=\/wp\/v2\/media\/7935"}],"wp:attachment":[{"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrfrontlinenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}