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: 73
 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
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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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
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

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: 74
 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
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
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 88
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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		&#039;description&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-The Hindu Business Line&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;RBI&amp;rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* What is causing the prices to cool?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower...&#039;,
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* What is causing the prices to cool?&lt;/em&gt;&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

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                <strong>Has inflation peaked? -Lokeshwarri SK </strong></h1>
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                <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Inflation has been moderating off late but RBI is unlikely to let its guard down</em></p><p style="text-align:justify"><em>* Has inflation peaked in India?</em></p><p style="text-align:justify">It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.</p><p style="text-align:justify">RBI&rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.</p><p style="text-align:justify"><em>* What is causing the prices to cool?</em></p><p style="text-align:justify">Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece" title="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece">click here</a> to read more.&nbsp;</p>               </font>
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		&#039;description&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-The Hindu Business Line&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;RBI&amp;rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* What is causing the prices to cool?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

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	&#039;disp&#039; =&gt; &#039;&lt;p style=&quot;text-align:justify&quot;&gt;-The Hindu Business Line&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;RBI&amp;rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* What is causing the prices to cool?&lt;/em&gt;&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.&lt;/p&gt;&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot; title=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;&#039;,
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;

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Inflation has been moderating off late but RBI is unlikely to let its guard down

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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower..."/>
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                <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Inflation has been moderating off late but RBI is unlikely to let its guard down</em></p><p style="text-align:justify"><em>* Has inflation peaked in India?</em></p><p style="text-align:justify">It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.</p><p style="text-align:justify">RBI&rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.</p><p style="text-align:justify"><em>* What is causing the prices to cool?</em></p><p style="text-align:justify">Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece" title="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece">click here</a> to read more.&nbsp;</p>               </font>
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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;It&amp;rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&amp;rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* What is causing the prices to cool?&lt;/em&gt;&lt;/p&gt;

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&lt;p style=&quot;text-align:justify&quot;&gt;Please &lt;a href=&quot;https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece&quot;&gt;click here&lt;/a&gt; to read more.&amp;nbsp;&lt;/p&gt;
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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

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&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;Inflation has been moderating off late but RBI is unlikely to let its guard down&lt;/em&gt;&lt;/p&gt;

&lt;p style=&quot;text-align:justify&quot;&gt;&lt;em&gt;* Has inflation peaked in India?&lt;/em&gt;&lt;/p&gt;

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Inflation has been moderating off late but RBI is unlikely to let its guard down

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Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927
Cake\View\View::render() - CORE/src/View/View.php, line 885
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126
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 88
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
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Inflation has been moderating off late but RBI is unlikely to let its guard down

* Has inflation peaked in India?

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                <strong>Has inflation peaked? -Lokeshwarri SK </strong></h1>
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                <p style="text-align:justify">-The Hindu Business Line</p><p style="text-align:justify"><em>Inflation has been moderating off late but RBI is unlikely to let its guard down</em></p><p style="text-align:justify"><em>* Has inflation peaked in India?</em></p><p style="text-align:justify">It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.</p><p style="text-align:justify">RBI&rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.</p><p style="text-align:justify"><em>* What is causing the prices to cool?</em></p><p style="text-align:justify">Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.</p><p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece" title="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece">click here</a> to read more.&nbsp;</p>               </font>
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		'description' => '<p style="text-align:justify">-The Hindu Business Line</p>

<p style="text-align:justify"><em>Inflation has been moderating off late but RBI is unlikely to let its guard down</em></p>

<p style="text-align:justify"><em>* Has inflation peaked in India?</em></p>

<p style="text-align:justify">It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.</p>

<p style="text-align:justify">RBI&rsquo;s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation.</p>

<p style="text-align:justify"><em>* What is causing the prices to cool?</em></p>

<p style="text-align:justify">Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.</p>

<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece">click here</a> to read more.&nbsp;</p>
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<p style="text-align:justify"><em>Inflation has been moderating off late but RBI is unlikely to let its guard down</em></p>

<p style="text-align:justify"><em>* Has inflation peaked in India?</em></p>

<p style="text-align:justify">It&rsquo;s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI&rsquo;s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding.</p>

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<p style="text-align:justify"><em>* What is causing the prices to cool?</em></p>

<p style="text-align:justify">Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost.</p>

<p style="text-align:justify">Please <a href="https://www.thehindubusinessline.com/blexplainer/bl-explainer-has-inflation-peaked/article65797356.ece">click here</a> to read more.&nbsp;</p>
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Inflation has been moderating off late but RBI is unlikely to let its guard down

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Has inflation peaked? -Lokeshwarri SK

-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s tolerance band of 2 to 6 per cent. Both the RBI and the Finance Ministry have adopted a cautious tone regarding inflation in their most recent economic reviews. But the level of panic among the people regarding soaring inflation seems to be receding. RBI’s household survey of inflation expectations shows that households expect inflation to fall, first into the tolerance band of 2-6 per cent and then to the target of 4 per cent. Stock markets are also in a jubilant mood on account of the dip in inflation. * What is causing the prices to cool? Numerous factors have helped inflation cool slightly over the last few months. Brent crude oil price moved around 20 per cent lower from the peak of around $120 per barrel in March 2022 on easing supply along with fears of a global slowdown. Fall in crude prices has a cascading effect on other goods and services since it brings down the transportation cost. Please click here to read more.