Economics: Sensex fell 1,048 points, Nifty fell 346 points and investors lost Rs 24.69 lakh crore in four days.

Retail inflation fell to a four-month low of 5.22 p.c in December.
Because of decrease costs of greens and different meals merchandise, retail inflation got here down to five.22 p.c in December, which is the bottom stage in 4 months. This data got here to mild from authorities knowledge launched on Monday. With retail inflation softening, the Reserve Financial institution of India (RBI) might contemplate slicing key rates of interest within the subsequent financial coverage assessment. The repo fee has remained secure at 6.50 p.c for nearly two years.
The Nationwide Statistical Workplace (NSO) launched inflation knowledge for December 2024 primarily based on Client Worth Index (CPI). Retail inflation has declined for the second consecutive month. Earlier than this, inflation in November, 2024 was at 5.48 p.c whereas in November, 2023 it was 5.69 p.c. Nevertheless, in October 2024, retail inflation crossed the RBI's higher passable stage of six p.c and reached 6.21 p.c.
“Inflation for vegetables, 'pulses and products', 'sugar and confectionery', 'personal care and effects', and cereals and products have declined significantly in December, 2024,” the NSO mentioned. The best inflation on annual foundation was in peas (89.12 p.c), potato (68.23 p.c), garlic (58.17 p.c), coconut oil (45.41 p.c). and cauliflower (39.42 p.c).
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