Inflation Cools, Industry Zooms

September CPI inflation dropped to 5.02% from 6.83% in August. Two months after reaching a 15-month peak, India's retail inflation eased in September, hitting a three-month low, primarily due to softer vegetable prices. Additionally, it fell below the upper tolerance limit of the RBI's 2%-6% band. Axis Bank's chief economist and part-time member of the EAC-PM Neelkanth Mishra decodes latest Economic Data.