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Retail Inflation News Update: In April, when there is a meeting of the Monetary Policy Committee under the chairmanship of RBI Governor Sanjay Malhotra, then once again the expensive EMIs can get relief. This is because in January 2025, the retail inflation rate has come down to 4.3 percent below 5 percent.
Debt will be cheaper in April!
As soon as the new FY 2025-26 starts, there will be a meeting of RBI’s Monetary Policy Committee in April. In which the RBI can decide to cut the repo rate again, taking cognizance of a major decline in retail inflation. Earlier last week, RBI had reduced the repo rate from 6.50 percent to 6.25 percent. In January, there has been a decrease in inflation due to the fall in vegetable prices and due to better rabi crops, there is a possibility of further decrease in inflation. Research Vivek Rathi, National Director of Night Frank India, said, RBI MPC has cut the repo rate by 25 basis points in the month of February. However, despite the possibility of bounce in inflation, the RBI may continue to cut the repo rate in the upcoming Monetary Policy Committee meeting so that consumption and consumption can be promoted. Especially the benefit of this will benefit the Lower-Incoming Group, which has the highest effect of the highest interest rates.
Repo rate will decrease again in April!
Sanjay Kumar, MD and CEO of Rasens Private Limited said, CPI inflation has reached a 5 -month low. This has happened due to a decrease in the prices of food items. Consumption in the economy can be promoted only by controlling food inflation. Staying close to 4 per cent of retail inflation is correct in view of the policy point as the possibility of cutting interest rates in April is open. Rajni Sinha, Chief Economist, CARAIAD Rating, said, “We believe that inflation is estimated to be an average of 4.4 to 4.5 percent in the fourth quarter of the current financial year and financial year 2025-26.” In such a situation, there is a possibility of cutting 25 basis point repo rate in April due to a decrease in inflation.
Food inflation will decrease!
Announcing the Monetary Policy of RBI, Governor Sanjay Malhotra said, “There has been a shortage in November 2024 after the inflation has gone over the talapes band on top of the talapery band.” Food inflation pressure can be reduced due to the production of better kharif crops, the price of vegetables in the cold and the possibility of spectacular rabi crops in the coming days. He said, there will be a slight increase in core inflation. Keeping all these things in mind, 4.8 percent inflation has been estimated in the current financial year 2024-25, while in the fourth quarter, 4.4 percent inflation may remain.
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