India outperforms advanced economies in controlling inflation, according to a State Bank of India report.

A State Bank of India report reveals that India has outperformed advanced economies like the US, Germany, and France in controlling inflation over the past decade. The report credits successful government initiatives and the Reserve Bank of India's (RBI) coordinated efforts for minimal deviations from inflation targets from 2021 to 2024. The RBI's clear communication of a 4% inflation target helped anchor expectations and stabilize the economy amid global pressures.

September 12, 2024
29 Articles

Further Reading