Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
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Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Economists question Reserve Bank of India’s inflation claims -    </title>
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The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..."/>
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     <meta property="og:description" content="-The Telegraph

The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22</em></p><p style="text-align:justify">Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal.</p><p style="text-align:justify">They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks.</p><p style="text-align:justify">The RBI on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Reserve Bank deputy-governor Michael Patra had said inflation could come between 4 per cent and 4.3 per cent by the end of next fiscal &mdash; in the median range of its 2-6 per cent target.</p><p style="text-align:justify">Patra said core inflation &mdash; the non-food, non-fuel print &mdash; will fall from a high of 5.8 per cent in October because of the duty cuts on petrol and diesel, with partial impact seen in November and a bigger impact in December, while the full impact will last a full year.</p><p style="text-align:justify">Besides, the supply chain bottleneck is easing with reduced congestion at ports and the greater availability of containers.</p><p style="text-align:justify">However, economists remain sceptical.</p><p style="text-align:justify">Abheek Barua, chief economist at HDFC Bank, said the pressures of higher input and fuel costs are likely to stay. &ldquo;We do not see the inflation trajectory to be as benign and expect inflation prints to surprise on the upside and average at 5.6 per cent for 2021-22, driven by elevated input and fuel costs and as the base effect wanes off.&rdquo; He also pointed to the possibility of prolonged elevated core inflation feeding into household expectations and becoming more entrenched in the system.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" title="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" class="re" target="_blank">The Telegraph, 10 December, 2021, https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656</a><div class="clear"></div>
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The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..."/>
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The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22</em></p><p style="text-align:justify">Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal.</p><p style="text-align:justify">They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks.</p><p style="text-align:justify">The RBI on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Reserve Bank deputy-governor Michael Patra had said inflation could come between 4 per cent and 4.3 per cent by the end of next fiscal &mdash; in the median range of its 2-6 per cent target.</p><p style="text-align:justify">Patra said core inflation &mdash; the non-food, non-fuel print &mdash; will fall from a high of 5.8 per cent in October because of the duty cuts on petrol and diesel, with partial impact seen in November and a bigger impact in December, while the full impact will last a full year.</p><p style="text-align:justify">Besides, the supply chain bottleneck is easing with reduced congestion at ports and the greater availability of containers.</p><p style="text-align:justify">However, economists remain sceptical.</p><p style="text-align:justify">Abheek Barua, chief economist at HDFC Bank, said the pressures of higher input and fuel costs are likely to stay. &ldquo;We do not see the inflation trajectory to be as benign and expect inflation prints to surprise on the upside and average at 5.6 per cent for 2021-22, driven by elevated input and fuel costs and as the base effect wanes off.&rdquo; He also pointed to the possibility of prolonged elevated core inflation feeding into household expectations and becoming more entrenched in the system.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" title="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" class="re" target="_blank">The Telegraph, 10 December, 2021, https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Economists question Reserve Bank of India’s inflation claims -    </title>
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The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..."/>
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The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22

Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of..." />
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                            <p style="text-align:justify">-The Telegraph</p><p style="text-align:justify"><em>The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22</em></p><p style="text-align:justify">Economists have questioned the RBI&rsquo;s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal.</p><p style="text-align:justify">They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks.</p><p style="text-align:justify">The RBI on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Reserve Bank deputy-governor Michael Patra had said inflation could come between 4 per cent and 4.3 per cent by the end of next fiscal &mdash; in the median range of its 2-6 per cent target.</p><p style="text-align:justify">Patra said core inflation &mdash; the non-food, non-fuel print &mdash; will fall from a high of 5.8 per cent in October because of the duty cuts on petrol and diesel, with partial impact seen in November and a bigger impact in December, while the full impact will last a full year.</p><p style="text-align:justify">Besides, the supply chain bottleneck is easing with reduced congestion at ports and the greater availability of containers.</p><p style="text-align:justify">However, economists remain sceptical.</p><p style="text-align:justify">Abheek Barua, chief economist at HDFC Bank, said the pressures of higher input and fuel costs are likely to stay. &ldquo;We do not see the inflation trajectory to be as benign and expect inflation prints to surprise on the upside and average at 5.6 per cent for 2021-22, driven by elevated input and fuel costs and as the base effect wanes off.&rdquo; He also pointed to the possibility of prolonged elevated core inflation feeding into household expectations and becoming more entrenched in the system.</p><p style="text-align:justify">Please <a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" title="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656">click here</a> to read more.&nbsp;</p>                                                           
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    <br><a href="https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656" class="re" target="_blank">The Telegraph, 10 December, 2021, https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656</a><div class="clear"></div>
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Economists question Reserve Bank of India’s inflation claims -

Published on Dec 10, 2021   Modified on Dec 10, 2021

-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Reserve Bank deputy-governor Michael Patra had said inflation could come between 4 per cent and 4.3 per cent by the end of next fiscal — in the median range of its 2-6 per cent target. Patra said core inflation — the non-food, non-fuel print — will fall from a high of 5.8 per cent in October because of the duty cuts on petrol and diesel, with partial impact seen in November and a bigger impact in December, while the full impact will last a full year. Besides, the supply chain bottleneck is easing with reduced congestion at ports and the greater availability of containers. However, economists remain sceptical. Abheek Barua, chief economist at HDFC Bank, said the pressures of higher input and fuel costs are likely to stay. “We do not see the inflation trajectory to be as benign and expect inflation prints to surprise on the upside and average at 5.6 per cent for 2021-22, driven by elevated input and fuel costs and as the base effect wanes off.” He also pointed to the possibility of prolonged elevated core inflation feeding into household expectations and becoming more entrenched in the system. Please click here to read more.

The Telegraph, 10 December, 2021, https://www.telegraphindia.com/business/economists-question-reserve-bank-of-indias-inflation-claims/cid/1842656

Tagged with: RBI Reserve Bank of India Inflation Retail Inflation Wholesale Inflation Food Prices Fuel Inflation

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