High Inflation Current Affairs, GK & News
India’s retail inflation has reached 7 per cent in August 2022 – well above the RBI’s comfort level of 6 per cent. Key facts India’s Consumer Price Index (CPI)-based inflation has returned to 7% in August 2022. In July 2022, the retail inflation had reduced to a five-month low of 6.71%, after spending the three ..
Category: Economy & Banking Current Affairs - 2022
In its World Economic Outlook, which was published on October 12, 2021, International Monetary Fund (IMF) improved its growth forecasts of the Latin American and Caribbean economy in the year 2021. Highlights As per IMF report, a recovery of 6.3% is expected by 2021 and 2.5% by 2022. These figures indicates that international credit organization ..