India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

The Consumer Price Index (CPI)-based retail inflation eased to 5.48 per cent in November, down from a 14-month high of 6.21 per cent in October, reflecting ongoing price pressures across various sectors,

India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance level

India's retail inflation eased to 5.48% in November, down from 6.21% in October, driven by moderating vegetable prices and stabilized edible oil costs. The RBI's Monetary Policy Committee raised inflation estimates to 4.

India's retail inflation in November eased to 5.48% as soaring vegetable prices moderated during the month due to an improvement in supply, according to government data released on Thursday. A Reuters poll had projected retail inflation at 5.

Data: CPI rises to 5.48 per cent YoY in November. The inflation rates for rural and urban are 5.95 per cent and 4.83 per cent respectively.