"Members acknowledged that core inflation remains elevated and sticky. In this milieu, we need to be eagle-eyed for the pass-through of producer prices to retail levels and be ready to act should the need arise. If growth improves further, we should use the opportunity to nudge inflationary expectations down," said Mridul Sagar, MPC's member secretary.
from Economy-News-Economic Times https://ift.tt/3stPG8n
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