Inflation target
There is no consistency or logic in the targets set in the budget
We should have focused on addressing the macro-fundamentals, which would create a launching pad for the coming year’s fiscal flow.
5.6% inflation target set for FY2022-23
The government has set a 5.6 per cent inflation target in the proposed budget for the 2022-23 fiscal year although the prices of essentials and other commodities are persisting at higher levels.
Govt to miss inflation targets in FY22, next year
The government has set an inflation target of 5.5 per cent for the next fiscal year although the prices of basic commodities are sitting at elevated levels for higher commodities prices globally amid lingering supply chain disruptions and the Russia-Ukraine war.
There is no consistency or logic in the targets set in the budget
We should have focused on addressing the macro-fundamentals, which would create a launching pad for the coming year’s fiscal flow.
5.6% inflation target set for FY2022-23
The government has set a 5.6 per cent inflation target in the proposed budget for the 2022-23 fiscal year although the prices of essentials and other commodities are persisting at higher levels.
Govt to miss inflation targets in FY22, next year
The government has set an inflation target of 5.5 per cent for the next fiscal year although the prices of basic commodities are sitting at elevated levels for higher commodities prices globally amid lingering supply chain disruptions and the Russia-Ukraine war.