• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

India’s inflation rate dips, paving way for potential interest rate cuts

by January 13, 2025
written by January 13, 2025

Investing.com — India’s inflation rate has seen a decrease for two months in a row on a year-on-year basis, registering slightly below the anticipated 5.22% in December. This development strengthens the argument for potential interest rate reductions in the future.

The forecast for December by analysts surveyed by Reuters was a 5.30% inflation rate. The Ministry of Statistics and Programme Implementation’s December data indicates the slowest rate of price increase since August 2024.

In October, the inflation rate in India had reached a 14-month peak of 6.21%, exceeding the Reserve Bank of India (NS:BOI)’s 6% tolerance limit. The Reserve Bank of India’s Governor, Sanjay Malhotra, projected an inflation rate of 4.8% for the fiscal year ending in March 2025, a prediction he made on December 24.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Lululemon raises holiday-quarter forecast on strong athleisure demand
next post
Morgan Stanley lifts Tesla stock target, bull case now $800

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025
    • OpenAI tops 3 million paying business users, launches new features for workplace

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (503)
    • Stock (6,426)

    Latest News

    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • As bitcoin soars, luxury brands consider accepting crypto payments
    • US sues Cushman & Wakefield, other landlords over alleged rental price coordination

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy