At 0.3%, retail inflation hits record low in October
Retail inflation hit a record low of 0.3% in October, driven by GST rate cuts and a sharp decline in food prices. This significant drop, the lowest in the current CPI series, has fueled expectations of an interest rate cut by the RBI in December.
Retail inflation hit a record low of 0.3% in October, driven by GST rate cuts and a sharp decline in food prices. This significant drop, the lowest in the current CPI series, has fueled expectations of an interest rate cut by the RBI in December.
