Retail inflation drops to 4.87%, the lowest in four months, in October
India’s retail inflation eased to a four-month low of 4.87% in October, driven by a decrease in food prices, according to government data released on Monday. This decline follows a three-month low of 5.02% in September and a previous low of 4.87% in June. Economists have noted that while the data aligns with expectations, food…