Although food inflation is still very high, one of the key highlights of the research was the role of the RBI in stabilising inflationary expectations. The report rejected the arguments that headline inflation should exclude food prices as counterfactual. Moreover, the research mentioned that spillover from food inflation to core inflation, was a result of RBI’s inflation management efforts.
sekar nallalu Cryptocurrency,Economy and Policy India Managed Inflation Better Than Developed Economies Including the US, Germany, Reveals SBI Report