Easing retail inflation, uptick in factory output give breather to economy

Retail inflation eased to 5.48% in November, with expectations of further cooling in the coming months, while factory output saw a marginal uptick to 3.5% in October. Despite inflation projected to remain at 5% in December, if it continues to decline, a rate cut may be likely in February 2025. Food prices eased, with the top five items with the highest inflation being garlic, potato, cauliflower, cabbage, and coconut oil.

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