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Retail inflation eases to 5.5% in Nov as food prices soften

IndiaTimes Thursday, 12 December 2024 ()
India's retail inflation eased to 5.5% in November from a 14-month high, driven by moderating food prices. Industrial output saw a modest 3.5% rise in October. While food inflation slowed, vegetable and edible oil prices remain high. Experts anticipate a potential rate cut in February if the trend continues, though urban demand needs monitoring.
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