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The Reserve Bank of India says that crude oil prices rising by 10% will increase inflation by 50 basis points.

The Reserve Bank of India says that crude oil prices rising by 10% will increase inflation by 50 basis points.

智通财经智通财经2026/10/07 05:46
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The Reserve Bank of India stated that if crude oil prices rise by 10% above the benchmark level, the overall inflation rate will increase by 50 basis points.

The Reserve Bank of India: If crude oil prices are 10% higher than the benchmark level, the overall inflation rate will increase by 50 basis points.
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