Food inflation: Food inflation to moderate in coming months, outlook for Indian economy appears bright: Monthly economic review
The Department of Economic Affairs released the monthly economic report for January, indicating an expected moderation in food inflation in the coming months. Retail inflation dropped to a three-month low of 5.1% in January 2024. The report highlighted a decline in price indices for vegetables, pulses, and overall food items, suggesting further moderation in food inflation. With core inflation stabilizing and food prices moderating, the outlook for low headline inflation appears promising.
Source: indiatimes.com
