Finance Minister Nirmala Sitharaman announced that retail inflation is currently within the tolerance band. This indicates that the rate of increase in consumer prices is under control and within the acceptable range. The Finance Minister’s statement comes as a relief as inflation is a crucial indicator of the health of the economy. The government and the central bank closely monitor inflation levels to ensure stability and to make informed policy decisions. Sitharaman’s affirmation of the retail inflation being in the tolerance band shows that the current economic measures and policies are effective in maintaining price stability. This is good news for consumers as it means that the cost of goods and services is unlikely to see any significant spikes. It also provides a positive outlook for investors and businesses, as stable inflation contributes to a favorable investment climate. The Ministry of Finance will continue to monitor inflation levels closely and take necessary steps to sustain the stability in consumer prices.