Soaring global commodity prices have kept inflation above the RBI’s 6% upper tolerance range all year. Inflation was set to measure 7.3% and 6.4% in Q3 and Q4 2022, respectively, according to forecasts.

Soaring global commodity prices have kept inflation above the RBI’s 6% upper tolerance range all year. Inflation was set to measure 7.3% and 6.4% in Q3 and Q4 2022, respectively, according to forecasts.