Question

Inflation Predictions for 2018

See if you can find an article that offers a prediction of inflation for this year. Summarize in a paragraph what you find and provide a citation or link to it.

Answer 1

Indian Inflation rate forecast by RBI. Article is found in economic times of Indian times website.

According to the latest forecast that the Indian inflation during the first quarter of 2018 will be 5.1,second quarter will be 5 , Third quarter will be 5.5 and 4 th quarter is 5.7 on annual inflation rate of 5.5-5.7 for the year 2018.

According to these prediction there is also an estimation that the inflation rate may come down to 4.8% in 2020.

This is forecast is done based on government borrowings, trade, commodity prices and other factors. thus basing on this factors. RBI will have a policy outcome to face this situation and make the inflation stabilize.