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Express view on inflation data: Slim pickings for the RBI
- The Indian Express |
- Economics (Macroeconomics) |
- 2025-01-14
- RBI
- Inflation
Inflation in India has declined from 6.21% in October to 5.22% in December, driven by moderating food prices, potentially allowing for easing policy rates. However, the falling rupee, weakened foreign exchange reserves, and growth concerns complicate the central bank's decisions.