💨 Abstract

India's inflation outlook is favorable, with a possibility of aligning with the Reserve Bank of India's 4% target in the coming months, according to a Bank of Baroda report. The report attributes this to a seasonal decline in food prices, particularly vegetables, and better supply management policies that have contributed to a lower Consumer Price Index (CPI) inflation rate. Food inflation has eased due to seasonal factors and improved supply-side conditions.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖