India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

India’s inflation cooled last month, bringing some relief to the newly-appointed central bank chief who has vowed to focus on growth.

Data: CPI rises to 5.48 per cent YoY in November. The inflation rates for rural and urban are 5.95 per cent and 4.83 per cent respectively.

India's retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest rate cut by the central bank at its next policy review amid concerns around slowing growth.

India's retail inflation eased to 5.48% in November, down from 6.21% in October, driven by moderating vegetable prices and stabilized edible oil costs. The RBI's Monetary Policy Committee raised inflation estimates to 4.