Bharat Express

Retail Inflation

The report highlights bright agricultural prospects as a mitigating factor for inflation. Early November trends indicate a moderation in food prices

During the MPC meeting on Wednesday, RBI Governor Shaktikanta Das projected retail inflation at 4.5% for FY25.

CPI has continued on a downward trajectory for the third straight month. Core inflation has also trended down during this period.

Retail inflation increased marginally to 6.31 per cent and 6.16 per cent for farm workers in June from 5.99 per cent and 5.84 per cent in May this year.