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Softening inflation trajectory inspiring: PHDCCI

PR No – 45

13th January, 2025

New Delhi

 

 

Softening inflation trajectory inspiring: PHDCCI

Softening inflation trajectory is inspiring and we expect inflation to become benign in the coming months, said Mr. Hemant Jain, President, PHD Chamber of Commerce and Industry in a press statement issued here today.

Easing CPI inflation, from 6.2% in October 2024 to 5.2% in December 2024, is creating hopes for some positive RBI actions for the reduction in high repo rate trajectory, said Mr. Hemant Jain.

The softening of food and beverage prices, especially vegetables, cereals and pulses, is helping CPI inflation to cool down, he said.

Inflation in housing segment also softened from 2.8% in October 2024 to 2.7% in December 2024, said Mr. Hemant Jain.

 

*END*

Warm Regards,

Media Division,  PHDCCI