Strengthening of economic activity likely to sustain, inflation to ease: RBI article

Broad-based strengthening of economic activity in India is expected to be sustained by easing input costs and corporate profitability. Retail inflation is projected to ease to 4.6% in the first three quarters of 2024-25. The pace of global growth may slow further, leading to interest rate reductions. The article highlights the rise in Consumer Price Index (CPI) based inflation to 5.6% in November. It also mentions the positive impact of the abiding strength of the real economy on domestic financial markets.