India’s consumer inflation cooled to 0.25% in October, strengthening hopes of more policy easing by the Reserve Bank of India.
The headline inflation number was below estimates of a 0.48% rise, according to a Reuters poll of economists, and easing more than the 1.54% recorded in September.
In October, the central bank revised its inflation forecast to 2.6% from 3.1% for the fiscal year ending March 2026, but kept its key policy rate unchanged at 5.
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