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Wholesale prices have fallen further as the wholesale inflation for September was estimated at (-) 0.26 per cent. In October last year, WPI was at 8.67 per cent. - Inflation Watch: Wholesale Price Inflation Stays Negative For 7th Straight Month In October
The Reserve Bank of India expects headline retail inflation to average 5.6 percent in the last quarter of 2023 and 5.4 percent in 2023-24 as a whole
This ease in inflation brings it closer to the Reserve Bank of India’s medium-term target of 4 per cent. RBI has stated that it must be met before it can start cutting rates, , retail inflation
This ease in inflation brings it closer to the Reserve Bank of India’s medium-term target of 4 per cent. RBI has stated that it must be met before it can start cutting rates, , retail inflation
In August, industrial growth - as measured by the Index of Industrial Production - had come in at 10.3 percent, the highest in 14 months