CrackitToday App

India’s retail inflation eased to 5.48% in November

Kumari Sonali

India’s retail inflation eased to 5.48% in November:

India’s retail inflation moderated to 5.48% in November from 6.21% in October, marking a significant decline driven by easing food prices, particularly vegetables. This shift brought inflation back within the Reserve Bank of India’s (RBI) target range, raising expectations of a potential rate cut in early 2025.

...Read more on our test console

...Read these too

  • India's Retail Inflation Rate

    India's Retail Inflation Rate: India's retail inflation rate declined to 5.66%, below the Reserve Bank of India's (RBI) upper target of 6% in March 2023, primarily due to a decrease…

  • Retail Inflation

    Retail Inflation: India’s retail inflation eased to a three-month low of 5.1% recently. Retail inflation, also known as Consumer Price Index (CPI)inflation, tracks the change in retail prices of goods…

  • India’s Retail Inflation

    India’s Retail Inflation: India’s retail inflation resurged to 7% in August from 6.71% in July, fuelled by a 7.62% uptick in food prices paid by consumers, even as industrial output…