#MintPlainFacts | India’s retail inflation, after staying above RBI’s upper limit of 6% for 10 months, finally fell within the range in November, led by a sharp decline in vegetable prices and a favourable base effect.
(@_pragya24 writes)
Read here: livemint.com
(@_pragya24 writes)
Read here: livemint.com
#MintPlainFacts | Food prices typically ease at this time due to winter arrival of crops in the market. This was observed in November: food & beverage inflation was outpaced by headline inflation for the first time since February.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | The 5.88% print most likely marks the beginning of a string of months when inflation will be around or below 6%.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | Over the past decade, the input-side prices have been 0.94 times the output side. This year, the ratio reached 1.03 in May to July. It eased to 1 in October but still exceeds the decadal average.
Read here: livemint.com
Read here: livemint.com
#MintPlainFacts | Core inflation remains sticky above 6%, as it has been in all but two months since March 2021, and several food items other than vegetables recorded higher inflation in November than October.
Read here: livemint.com
Read here: livemint.com
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