World Economy

6% Inflation to Stay

6% Inflation  to Stay6% Inflation  to Stay

The Reserve Bank of India expects retail inflation to stay at around 6% in the next 12 months. “The Reserve Bank’s latest projections suggest that Consumer Price Index inflation may hover around 6% if the crude prices remain around the current levels and the next monsoons be normal,” it said in its Financial Stability Report released Monday, PTI reported.