Inflation
Also called: cpi, wpi, retail inflation, consumer price index, price rise
Inflation is the sustained rise in the general price level, measured for policy purposes by the Consumer Price Index. The RBI is mandated to hold CPI inflation at 4 per cent within a band of two percentage points either side.
Where it sits
- GS-III · Monetary policy, RBI, liquidity management
- Prelims · Growth, inflation and national income
Connected topics
- Related Monetary policy
- Related Reserve Bank of India