October CPI inflation drops to 0.25% amid GST cuts
pre-market1 source ↓written by the desknot a recommendation
- in October
- 0.25%
India's inflation rate based on the Consumer Price Index (CPI) fell to 0.25% in October, aided by the GST rate cut. Food inflation dropped to (-) 5.02%, marking its fifth consecutive month in negative territory. This decline may provide the RBI with more room for a soft monetary policy moving forward.
• October CPI at 0.25%
• Food inflation at (-) 5.02%
• GST cuts impact prices significantly
Not investment advice. For informational purposes only.