India's CPI inflation to ease to 4.7-4.8 pc in FY25, driven by lower food prices: Report
Bank of Baroda (BoB) report.
The arrival of fresh harvests of tomatoes, onions, and potatoes has been reflected in higher mandi arrivals, easing supply pressures.
December data indicates further corrections in vegetable prices, while favorable soil moisture and reservoir levels are expected to support a robust Rabi harvest. Additionally, benign global food and energy prices are expected to keep food inflation risks low in the near term.
BoB's Economic Conditions Index (ECI) shows minimal sequential price growth in December, at 0.1 per cent compared to 0.4 per cent in November. The report suggests that these favorable inflation trends may guide the Reserve Bank of India (RBI) towards a more accommodative monetary policy stance in the coming months, as demand-side pressures remain contained.
The report highlights that November 2024 CPI inflation moderated to 5.5 per cent, down from 6.2 per cent in October 2024, aided by broad-based declines in food prices.
Marketing
Performance Marketing for eCommerce Brands
By — Zafer Mukeri, Founder- Inara Marketers
Office Productivity
Mastering Google Sheets: Unleash the Power of Excel and Advance Analysis
By — Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrow's Innovations
By — Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Learn InVideo AI: Create Videos
