India’s inflation cooled last month, bringing some relief to the newly-appointed central bank chief who has vowed to focus on growth.

India’s retail inflation, as measured by the Consumer Price Index (CPI), eased to 5.48% in November, down from 6.21% in October, according to data released by the Ministry of Statistics and Programme Implementation on Thursday.

India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

The Consumer Price Index (CPI)-based retail inflation eased to 5.48 per cent in November, down from a 14-month high of 6.21 per cent in October, reflecting ongoing price pressures across various sectors,

India's retail inflation in November eased to 5.48% as soaring vegetable prices moderated during the month due to an improvement in supply, according to government data released on Thursday. A Reuters poll had projected retail inflation at 5.

India's retail inflation eased to 5.48% in November, down from 6.21% in October, driven by moderating vegetable prices and stabilized edible oil costs. The RBI's Monetary Policy Committee raised inflation estimates to 4.

Data: CPI rises to 5.48 per cent YoY in November. The inflation rates for rural and urban are 5.95 per cent and 4.83 per cent respectively.