Some vegetable price shocks have begun to reverse: RBI bulletin

New Delhi [India], September 20 (ANI): Price shocks in some vegetables have begun to reverse, and if this continues and broadens, the persistence in food inflation in the first quarter of 2024-25 may be behind us, RBI said in its September bulletin.

However, an unfavourable base effect may haunt the September number.

Headline CPI inflation came in below the Reserve Bank's target for the second consecutive month in August.