RBI's New CPI Series: Inflation Vibes for 2024 Unleashed

Hold up! RBI's Sanjay Malhotra just dropped some inflation wisdom! The new CPI series for 2024 is gonna spill the tea on how Indian households really spend their cash. Retail inflation hit 2.75% in January, flexing from 299 to 358 tracked items. This is not just a glow-up; it's a whole new vibe check for inflation, folks! Get ready for the ride!

Quick rundown

1.RBI unveils new CPI series for better inflation tracking.

2.New CPI series uses 2024 as the base year with 358 items.

3.January's inflation was above RBI's tolerance band.

4.RBI's flexible inflation targeting is under review.

5.RBI maintains no conscious reduction in US securities.

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