Ind-Ra expects inflation in India to average at 5.6 per cent and 5 per cent in Q3 and Q4 respectively in FY25.
The headline retail inflation is expected to head closer to 4 per cent from end-FY25.
It expects the index of industrial production growth to have inched up to around 4 per cent YoY in October owing to the pick-up in the core sector output and improvement in manufacturing sector output.
The headline retail inflation is expected to head closer to 4 per cent from end-FY25.
It expects the index of industrial production growth to have inched up to around 4 per cent YoY in October owing to the pick-up in the core sector output and improvement in manufacturing sector output.
