The full year inflation forecast for the RBI's 2024 fiscal year ending June 2025 is projected at 4.8%.

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India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023.

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News18 India

Mukesh Ambani

India

Retail Inflation Eases To 4-Month Low Of 5.22% In December: Govt Data

Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023. According to CPI data released by the National Statistics Office (NSO), the inflation in the food basked reduced to 8.39 per cent i…

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Gautam Adani

New Delhi

Delhi

Retail Inflation Eases To 4-Month Low Of 5.22% In December: Government Data

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India’s inflation eased last month, while the rupee plunged to a new record low, giving the central bank reason to remain cautious even as most analysts predict interest rate cuts from February.

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India’s Inflation Slide, Rupee Slump Complicate Rate Outlook

This was driven by a drop in food prices from 9.04% in November to 8.4% in December.

Scroll India

Retail inflation eases to four-month low of 5.22% in December

India’s retail inflation rate, measured by the Consumer Price Index (CPI) slowed to a four-month low of 5.22 per cent in December compared to 5.48 per cent in November, mainly due to the easing of prices in food basket, according to government data released on Monday.  The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023. This indicated a steady upward trend in inflation during the la…

India TV News

Rajat Sharma

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices

India's retail inflation moderated further in December, due to easing in prices of vegetables and other food items.India's consumer price index-based inflation moderated to 5.22% in December from 5.48% in November, according to data from the Ministry of Statistics and Program Implementation on Monday.A Bloomberg poll of economists had pegged the median inflation estimate at 5.3% for December.The Reserve Bank of India targets retail inflation at …

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December CPI Data: India's Retail Inflation Modestly Eases To Four-Month Low Of 5.22%

By Nikunj Ohri and Shivangi Acharya NEW DELHI (Reuters) -India’s annual retail inflation in December eased to a four-month low, government data showed on Monday, boosting hopes of the country’s central bank cutting interest rates in February. Annual retail inflation in December eased to 5.22% from 5.48% in the previous month, lower than economists’ estimate of 5.3% in a Reuters poll. “Fall in headline inflation boosts February rate cut odds,” sa…

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India's December retail inflation eases to four-month low, boosting rate cut hopes - Blue Water Healthy Living

New Delhi: Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index (CPI) was 5.48 per cent in November and 5.69 per cent in December 2023. According to CPI data released by the National Statistics Office (NSO), the inflation in the food basked reduced to 8.39…

The Siasat Daily

Retail inflation eases to 4-month low in December

NEW DELHI: Retail inflation eased to a four-month low in Dec as food prices , led by vegetables, softened, but it remained stubborn above the 5% level, which could make it difficult for the Reserve Bank of India to lower interest rates.Data released by the National Statistics Office (NSO) on Monday showed the retail inflation, as measured by the consumer price index (CPI), slowed marginally to 5.2% in Dec from 5.5% in Nov. The food price index m…

India's inflation slows to lower-than-expected 5.22% in December, boosting case for rate cuts

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