CPI inflation for Q1 of FY 2022-23 is projected at 5.2%: RBI Governor

While addressing a virtual press conference in Mumbai, Reserve Bank of India (RBI) Governor Shaktikanta Das on October 08 said that the Consumer Price Index (CPI) inflation for Q1 of Fiscal year (FY) 2022-23 is projected at 5.2 per cent.

“The projection for real GDP growth is retained at 9.5% for FY 2021-22. This consists of 7.9% in Q2, 6.8% in Q3 and 6.1% in Q4 of 2021-22. Real GDP growth for Q1 of FY 2022-23 is projected at 17.2%. CPI inflation is projected at 5.3% for the financial year 2022. CPI inflation for Q1 of FY 2022-23 is projected at 5.2%,” said the RBI Governor.