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Wholesale inflation remains in negative for six consecutive months

India inflation news: Dip in tomato prices helps bring down veg, non-veg thali prices in Sep: Report

The cost of both vegetarian and non-vegetarian thalis in India decreased in September due to lower tomato prices, according to a report by Crisil Market Intelligence and Analytics. The cost of veg thalis fell by 17% and non-veg thalis fell by 9% compared to the previous month. However, on a year-on-year basis, the cost of veg thalis was down by 1% and non-veg thalis were up by 0.65%.

India inflation news: World Bank raises India s inflation forecast to 5 9% for FY24 on higher oil prices, abnormal monsoon

The World Bank has kept India s growth forecast unchanged at 6.3% for FY24, citing investment as a significant driver. However, it has revised its inflation projection to 5.9% from 5.2%. It also notes that inflation is likely to spike more than expected due to abnormal rainfall and the concern over oil prices.

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