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Tuesday 4th of February 2025 01:59:39 PM |
IN
RETAIL INFLATION EASES TO FOUR-MONTH LOW
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Retail inflation declined to 5.22% in December 2024 from 5.48% in November, driven by lower food inflation (8.39%). Vegetable inflation fell to 26.6% from 29%, while cereals (6.51%) and milk (2.8%) also eased. Core inflation dropped to 3.5%. The rupee's depreciation may delay the much-anticipated rate cut.
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RETAIL INFLATION EASES TO FOUR-MONTH LOW
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