Wholesale inflation drops to 1.9% in November as food prices cool

  • Posted on December 16, 2024
  • By Business News Today
  • 5 Views
Wholesale inflation drops to 1.9% in November as food prices cool

India's wholesale price inflation eased to 1.9% in November, down from 2.4% in October, due to moderating food prices. Retail inflation also slowed to 5.5% in November. Experts predict further easing and potential rate cuts by the Reserve Bank of India. While core inflation remained subdued, food inflation, particularly in manufactured food products and oils, remains elevated.
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