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TECH NEWS News: Samsung Electronics expects a substantial profit surge in Q1 2024, driven by memory chip prices rebounding, with an operating profit of 5.7 trillion w
Among economists polled by Mint, projections ranged from 4.90% to 5.50%, with only three of them expecting inflation to rise from the previous month.
While retail inflation accelerated to a four-month high of 5.69 percent in December, industrial growth slumped to 2.4 percent in November – the lowest in eight months.
The CPI print for November and October's IIP data, both, suffer from a low-base effect, with economists calling for a nuanced reading of the numbers.
With the favourable base effect continuing to fade, India's Consumer Price Index (CPI) inflation is expected to have increased in June from May's 25-month low of 4.25 percent.