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Latest News

The CPI
The Consumer Price Index (Combined) inflation for November 2021 printed higher at 4.9% as compared to the reading of 4.5% in the previous month.
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Headline WPI inflation
Headline WPI inflation for November 2021 printed at 14.2%, significantly higher than 12.5% recorded in October 2021.
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IIP growth
IIP growth for October 2021 printed at 3.2%, marginally lower than the revised reading of 3.3% in September 2021, on a year on year basis.
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Real gross domestic product
Real gross domestic product for Q2FY22 noted a growth of 8.4% on a year on year basis, aided by strong favorable base and marginal pickup in activity across segments. Also, GDP expanded by 10.4% on a quarter on quarter basis and by 0.3% from Q2FY20 levels.
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Monetary Policy for FY22
In the Fifth Bi-monthly Monetary Policy for FY22, the MPC unanimously decided to maintain status quo on policy rates. The key policy rates stand unchanged: Repo rate at 4.00%, Reverse Repo rate at 3.35%, Marginal Standing Facility and Bank rate at 4.25%.
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