💨 Abstract

India's retail inflation for September increased sharply to 5.49%, causing economists to delay rate cut predictions to the first half of 2025. The rise, primarily due to food prices, is above the forecast of 5.04%. Economists expect food inflation to peak in October. The RBI held rates steady but eased its stance to 'neutral'. High-frequency indicators suggest a slowdown in manufacturing and services.

Courtesy: theprint.in

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