INDIAN ECONOMY: MIXED MACRO TRENDS, NEED CAUTIOUS MONITORING
- Credit Rating Agency in India
- Economy Overview
- INDIAN ECONOMY: MIXED MACRO TRENDS, NEED CAUTIOUS MONITORING
The CPI inflation declined from 5.48% in Nov’24 from 6.21% in Oct’24. But the food inflation remains uncertain and sticky. On a positive note, the vegetable prices, which increased by 42.2% in Oct’24, eased to 29.3% in Nov’24 on expected lines. After the protectionist-hawk Trump became the US President-elect, the potential tariff war may pose certain uncertainties regarding imported inflation and related distortions. The kharif output trends would be the key with improved supply chain distributions.