India s headline retail inflation, which has remained above target for nearly four-and-a-half years, cooled to a three-month low of 5.1 percent in January. However, the impact of price changes has not been uniform across all income classes.
Budget 2024-25: The government and RBI s fight against inflation is never-ending, given how food prices behave. While the Modi government has indeed tried to tame these prices, it now needs to do more
Inflation climbed in November because prices of some food items and vegetables, which have a stronger influence on the headline inflation due to their high weight, rose sharply during the month.
Barclays expects food inflation to accelerate to 9.2 per cent for November from 6.2 per cent in October due to a double-digit sequential rise in vegetable prices.