The rise in crude oil prices, volatility of international markets, the depreciation of the currencies of emerging market economies and the dissipation of the effect of the HRA hike are the major factors that have been considered while revising the inflation projection.RBI policy: Retail inflation forecast lowered to 3.9-4.5% for H2FY19
The rise in crude oil prices, volatility of international markets, the depreciation of the currencies of emerging market economies and the dissipation of the effect of the HRA hike are the major factors that have been considered while revising the inflation projection.
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