Inflation eases to a 3-month low in January; industrial production picks up in December

Experts point out that moderating inflation coupled with strong growth provides further policy space for RBI to cut rates in the latter half of the year. While a sequential decline in food prices and declining services inflation helped cool overall inflation, food inflation remained a cause of concern at 8.3% in January compared with 9.5% in the previous month.

Inflation eases to a 3-month low in January; industrial production picks up in December
Experts point out that moderating inflation coupled with strong growth provides further policy space for RBI to cut rates in the latter half of the year. While a sequential decline in food prices and declining services inflation helped cool overall inflation, food inflation remained a cause of concern at 8.3% in January compared with 9.5% in the previous month.