Food price volatility remains a contingent risk: RBI Bulletin
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CPI inflation rose to 3.7% in August 2024 from 3.5% in July; India's GDP growth slowed to 6.7% in Q1FY25 from 7.8% in Q4FY24; RBI targets 4% inflation; Private Final Consumption Expenditure increased to 7.4% in Q1FY25; Gross Fixed Capital Formation rose to 7.5% in Q1FY25; Global economic activity is slowing, affecting domestic consumption; E-commerce hiring is increasing ahead of festival season; Food price volatility remains a risk despite easing headline inflation.

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https://www.financialexpress.com/policy/economy-food-price-volatility-remains-a-contingent-risk-rbi-bulletin-3617240/ nostr.fmt.wiz.biz