India inflation cools more than expected in October, boosting hopes for further rate cuts
CNBC·2025-11-12 18:52
A man pushes a trolley inside a supermarket in Mumbai, India, on September 7, 2025. (Photo by Indranil Aditya/NurPhoto via Getty Images)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 f ...