Home RBI Committee Member Predicts Lower Inflation as Vegetable Prices Stabilize

RBI Committee Member Predicts Lower Inflation as Vegetable Prices Stabilize

Inflation in India will be within RBI’s comfort zone once vegetable prices decline, says Ashima Goyal, RBI committee member.
The RBI has kept policy rates steady, and expects vegetable prices to drop by September.
Government’s supply-side measures and fiscal prudence, alongside possible fuel price reduction, can improve household inflation expectations, says Goyal.