India's Inflation Cools to New Low, Eases More Than Expected

Core Insights - Consumer-price growth in India reached a new low in October, indicating a continued decline that supports expectations for potential interest-rate cuts by the central bank [1] Group 1 - The decline in consumer-price growth is part of a broader trend observed in recent months [1] - This trend is significant as it may influence monetary policy decisions by the central bank [1] - The low inflation rate could lead to a more accommodative stance from policymakers, potentially benefiting economic growth [1]