India to Retain 4% Inflation Target for RBI, Citing Price Stability Success

• India is likely to retain its existing 4% inflation target for the Reserve Bank of India (RBI).
• The current target, a 4% mid-point within a 2%-6% range, is due for review in March.
• Finance ministry officials indicate no change, citing the framework's effectiveness in managing prices.
• The inflation targeting framework, in place since 2016, has helped contain price volatility.
• RBI's feedback also favors maintaining the status quo after internal deliberations.

Why It Matters: India will likely maintain its 4% inflation target for RBI, crediting its success in price stability.