Inflation target of 4% ideal for India: RBI research paper

The real time estimate of trend inflation was around 5% till the end of 2013, while it fell steadily to 4.1% in the first quarter of 2019, before rising to breach the 6% upper tolerance limit during the last nine months due to COVID-19 pandemic-led disruptions.

from Markets-Economic Times https://ift.tt/37SU5ai