October CPI inflation expected to hit record low
after close1 source ↓written by the desknot a recommendation
Retail inflation in India is projected to fall to a record low in October, driven by a high base effect, lower food prices, and a GST cut. Economists suggest that these factors will significantly influence market sentiment and trading strategies.
• CPI inflation expected at historic lows
• Lower food prices contributing to the decline
• GST reduction impacts consumer spending
This trend may bolster investor confidence in the economy.
Not investment advice. For informational purposes only.