RBI Grade BNABARD ESISEBI
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Context:
Retail inflation dropped to 5.48% in November, after being 6.2% for the previous month.
“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
- Reserve Bank Of India kept rates unchanged and reduced the cash reserve ratio in its last policy meeting.
Retail inflation
- It also known as consumer price inflation (CPI), measures the rate at which the prices of goods and services purchased by consumers increase or decrease over time.
Also read: India’s retail inflation and food inflation
