What did the Reserve Bank project for 2026-27 in its August 2026 statement?

Real GDP growth of 7.4 per cent and CPI inflation of 4.4 per centCorrect answerYour answerReal GDP growth of 5.0 per cent and CPI inflation of 6.7 per centCorrect answerYour answerReal GDP growth of 6.7 per cent and CPI inflation of 5.0 per centCorrect answerYour answerReal GDP growth of 6.4 per cent and CPI inflation of 4.3 per centCorrect answerYour answer

Show the answer and explanation

CorrectNot quiteAnswer C

Correct answer: C

Growth for the year was put at 6.7 per cent with risks evenly balanced, and headline inflation at 5.0 per cent
Inflation had risen to 4.4 per cent in June 2026 after sixteen consecutive months below the target, which is the reading the projection was built on rather than the projection itself
Core inflation was projected separately, at 4.3 per cent

Concept: Growth and inflation projections
Typical timeTypical: 50 s
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Written from: rbi.org.in

What did the Reserve Bank project for 2026-27 in its August 2026 statement?

Explanation