Consumer Inflation Eases To Lowest Level In Nearly A Year-And-A-Half

INSUBCONTINENT EXCLUSIVE:
That marked the lowest level of consumer inflation recorded since June last year, when it stood at 1.46 per cent
consecutive month in which inflation was within the Reserve Bank of India's medium-term goal of 4 per cent
cent for the second half of the current fiscal year, citing normal monsoon and moderate food prices
whether a rate cut would be forthcoming in the February 2019 MPC (Monetary Policy Committee), there is a significant likelihood of a change
agency ICRA.The RBI had in October changed its policy stance to "calibrated tightening" from "neutral", indicating that a rate cut is off
the table.Separate data on Wednesday showed growth in factory activity, measured by Index of Industrial Production (IIP), was at a