Followers

Thursday, December 12, 2024

Retail inflation eases to 5.5% in Nov as food prices soften

India's retail inflation eased to 5.5% in November from a 14-month high, driven by moderating food prices. Industrial output saw a modest 3.5% rise in October. While food inflation slowed, vegetable and edible oil prices remain high. Experts anticipate a potential rate cut in February if the trend continues, though urban demand needs monitoring.

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Vc1wfJq

No comments:

Post a Comment

Top stocks to buy today: Stock recommendations for May 8, 2026 - check list

Stock market recommendations: NLC India, and Sammaan Capital have been chosen by Bajaj Broking Research as the top stocks to buy on May 8, 2...