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India's retail inflation dips to 5-month low of 4.31% in January
short by Pragya Swastik / on Wednesday, 12 February, 2025
India's retail inflation eased to a five-month low of 4.31% in January 2025 from 5.22% in December 2024 as food price inflation declined, government data on Wednesday showed. It is the lowest year-on-year inflation after August 2024. Cooling inflation boosts the odds of another rate cut by RBI, which recently cut repo rate for the first time in five years.
read more at Reuters