Top Law News Divergences in rural and urban inflation do not persist for long: RBI paper December 27, 2020 by Legal India Admin | Leave a Comment Rural-urban inflation divergence does not persist in the long run and converges over time, and both exhibit a long-term equilibrium relationship, said an RBI article. This convergence of rural-urban inflation supports the relevance of one inflation target as nominal anchor at the national level, said the article prepared by Binod B. Bhoi, Himani Shekhar and […] Read more ยป Divergences in rural and urban inflation Rural and urban inflation