India’s CPI inflation likely to ease to 5.5% in November from 6.2% in October: Morgan Stanley

Morgan Stanley predicts India’s November CPI inflation to fall to 5.5% from October’s 6.2%, due to easing food prices and a decelerating core CPI. This aligns with RBI’s efforts for price stability. Union Bank of India also forecasts a similar drop to 5.4%, citing a seasonal decline in vegetable prices, particularly tomatoes.

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