Macro Eco survey for 2015-16 II |
INFLATION* CPI inflation seen around 4.5 to 5% in 2016/17* Low inflation has taken hold, confidence in price stability has improved* Expect RBI to meet 5 percent inflation target by March 2017* Prospect of lower oil prices over medium term likely to dampen inflationary expectations* Low inflation has taken hold, confidence in price stability has improvedCURRENT ACCOUNT DEFICIT* 2016/17 current account deficit seen around 1-1.5% of GDP
|
|
|
|