Economists decode India's inflation scenario
Edited By WION Video Desk
Published: Nov 10, 2023, 06:50 IST | Updated: Nov 10, 2023, 06:50 IST
A Reuters poll predicts that India's consumer price inflation dipped to a four-month low of 4.80% in October, moving closer to the Reserve Bank of India's coveted 4% medium-term target. A key factor contributing to this trend is the moderation in volatile food prices, which constitute approximately half of the consumer price index basket.
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