According to news agency Reuters, consumer inflation in india is predicted to drop to a five-month low of 4.60% in january 2025 from 5.22% in december of last year, providing some respite for the average citizen.
 
Indian households, which have been struggling with rising expenses and spending a lot of money on food, would greatly benefit from the fall. According to economists cited by the news agency, the advent of fresh winter vegetables in local markets is to blame for this drop in inflation. They claimed that the decline in inflation was mostly caused by falling vegetable prices.


On february 12, the official inflation data is scheduled to be made public.
 
To boost economic development and control inflation, the reserve bank of india said at the most recent Monetary Policy Committee (MPC) meeting that it will lower the repo rate by 25 basis points, from 6.5% to 6.25%.
 
Dr. Poonam Sharma, an assistant professor at NMIMS Chandigarh's school of Commerce, praised the central bank's choice.
 
After several years, the reserve bank of india has made a significant change in its monetary policy with its decision to lower the repo rate. The action is to boost consumer spending, promote investments, and boost economic activity by reducing borrowing rates," Sharma stated.
 

According to the survey, core inflation—which excludes volatile food costs and energy prices—is expected to have gone up a little. From an anticipated 3.6% in december of last year, it increased to 3.7% in January.
 
 

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