RBI Policy Meet: Inflation Projection Lowered For Second Half Of 2018-19

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RBI Policy Meet: Inflation Projection Lowered For Second Half Of 2018-19



It said the projected inflation path remains unchanged after adjusting for the HRA impact of central government employees as this impact dissipates completely from December 2018 onwards. Although recent food inflation prints have surprised on the downside and prices of petroleum products have softened considerably, it is important to monitor their evolution closely and allow heightened short-term uncertainties to be resolved by incoming data, it added." 
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