India inflation cools more than expected in October, boosting hopes for further rate cuts

India's user ostentation cooled to 0.25% successful October, strengthening hopes of much argumentation easing by the Reserve Bank of India.

The header ostentation fig was beneath estimates of a 0.48% rise, according to a Reuters canvass of economists, and easing much than the 1.54% recorded successful September.

In October, the cardinal slope revised its ostentation forecast to 2.6% from 3.1% for the fiscal twelvemonth ending March 2026, but kept its cardinal argumentation complaint unchanged astatine 5.

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