Repo Rate: Although the retail inflation rate is decreasing, but RBI’s thinking is different.
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New Delhi : October inflation data (inflation) central government is at the forefront (Central Government) normal but big relief (Common man) But still he is not lucky. RBI will rein on inflation next month (RBI) at repo rate (repo rate) There is a possibility of increase.
Credit Policy Committee of RBI (MPC) This meeting is being held next month on December 7. In this meeting, the central bank can increase the repo rate by 35 basis points. According to analysts, RBI has continuously increased the repo rate.
RBI has adopted the policy of increasing the repo rate continuously for the last three times. RBI has increased by 50 basis points each time. But since the retail inflation had declined in the month of October, the repo rate will not be increased by 50 basis points this time.
RBI has increased the repo rate by 190 basis points since May. Till now the repo rate has come down to 5.90%. To control inflation, RBI increases the repo rate.
The inflation rate in the month of September was 7.41%. The inflation rate in September was higher than in August. But in the month of October, there was a big reversal on the inflation front. The rate of inflation fell.
The inflation rate fell to 7.41% in the month of September. In the month of October, the inflation rate changed the record of the last three months. The inflation rate came down to 6.77% in the month of October. This is a picture of a marginal increase in the prices of food grains and food grains.
According to economists, there will be an increase of 35 bps in the repo rate in the month of December. The rate will again increase by 25 bps in the month of February. That’s why the repo rate can go up to 6.50%.
Barclays has claimed that the inflation rate will come down further. According to this organization, this rate will fall from 6.77% in the month of November. This rate is estimated to be 6.5%. But still there is no possibility of relief to the common citizens in the repo rate.
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