New Delhi, Feb. 12 -- India's retail inflation eased to 4.6% in January 2025, down from 5.22% in December, as food price pressures subsided.
The decline follows the RBI's recent 25-basis-point cut in the repo rate to 6.25% to support economic growth.
At the same time, India's industrial output growth slowed to 3.2% in December, down from 5.2% in November.
Among major sectors, mining expanded by 2.6%, manufacturing grew by 3.0%, and electricity generation rose by 6.2%.
Despite the overall slowdown, basic metals output increased by 6.7%, electrical equipment production surged by 40.1%, and coke and refined petroleum products rose by 3.9%, helping to offset some of the decline.
The RBI has maintained its CPI-based inflation forecast at ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.