2024 Inflation Rate Forecast. Inflation (as measured by the consumer prices index) is expected to average 2.5% this year and 2.6% in 2025. * key interest rate (repo) kept unchanged at 6.5 pc * rbi continues with 'neutral' monetary policy stance * cash reserve ratio (crr) reduced to 4 pc from 4.5 pc, to unlock rs 1.16 lakh crore of bank funds * rbi sharply lowers.
Inflation forecast is measured in terms of the consumer price index (cpi) or harmonised index of consumer prices (hicp) for euro area countries, the euro area aggregate and the united. Madan sabnavis, chief economist, bank of baroda, said that given the more benign forecast of 4.5 per cent cpi inflation for the fourth quarter, there is a good chance of a.