New Delhi: India’s headline Consumer Price Index (CPI) this October cooled down to 0.25 percent year-on-year compared to last October, with the overall inflation rate hitting a 10-year low. In October 2024, the headline inflation was 6.21 percent.

This provisional figure reflects a reduction of 1.19 percentage points, or 119 basis points, in October’s headline CPI compared to September’s. Last month’s inflation was revised down to 1.44 percent, though the statistics and programme implementation ministry’s (MoSPI’s) provisional figure was 1.54.

The Consumer Food Price Index (CFPI) had a major impact, turning negative in October, at -5.02 percent year-on-year, and sharply pulling down overall inflation to 0.25 percent. Rural food inflation stood at -4.85 percent and urban food inflation a

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