New Delhi, Jagran Bureau. Inflation is not going to stop this year. Retail inflation may remain above 7 per cent till September this year and after that the inflation rate will be in the range of 7-6.5 per cent. To control this rising inflation, RBI may again increase the repo rate by 35-35 basis points in June and August.

RBI hikes repo rate by 40 basis points

Recently, RBI has increased the repo rate by 40 basis points. The CRR can also be increased to reduce the liquidity from the market. SBI Ecowrap has expressed such an estimate.

Inflation is increasing worldwide due to the impact of global supply chain

Experts believe that inflation is increasing across the world mainly due to the impact of the global supply chain. At the same time, the effect of the economic package given by the government around the world during the Corona period is also visible on inflation.

Discussion on all measures to give relief to the public from inflation

On the other hand, various measures are being discussed in the Finance Ministry to give relief to the public from inflation and it may be possible to reduce the rates of cess on the import of edible oil so that the retail price of edible oil can be reduced. Get some relief.

In the epidemic, financial help was given by the government along with the economic package.

Pinaki Chakraborty, director of the National Institute of Public Finance and Policy, said that financial help was given by the government along with an economic package to continue consumption during the Corona period. Its effect is visible in the form of inflation. Similar steps were taken in other countries also where inflation is at its peak.

Edited By: Ashish Deep