November inflation numbers were on expected lines at 5.5%. The moderation from October's inflation print of 6.2% is the result of an almost two-percentage point fall in food inflation to 9% with fuel prices continuing to contract and core—non-food, non-fuel—inflation staying flat at 3.7%. This means that the broad inflation story remains the same. Food is what is keeping it above RBI's target of 4%, and its future trajectory will largely be determined by movement in food prices. What happens to them is largely a function of how the climate rather than economy behaves going forward.
Denne historien er fra December 16, 2024-utgaven av Hindustan Times Lucknow.
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Denne historien er fra December 16, 2024-utgaven av Hindustan Times Lucknow.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Kapil Sharma says 'Don't spread hate' amid criticism for alleged racist remark against Atlee
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TRUMP WARNS TOP GOP CRITIC COULD BE 'IN A LOT OF TROUBLE'
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Israeli strikes kill 20 in Gaza
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