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Inflation outlook for November updates: India’s retail inflation, based on the Consumer Price Index (CPI), is anticipated to have moderated to a range of 5.4% to 5.8% in November, following an uptick to 6.2 per cent in October. The National Statistical Office is set to release official figures on December 12. Analysts attribute the expected decrease to a drop in vegetable prices and improved Rabi crop sowing. Despite relief in certain sectors, elevated vegetable and food prices may keep inflation above 5% for the third consecutive month. Barclays noted signs of economic momentum as peak inflation appears to be behind us, and there are expectations of a possible 25 basis points cut in the policy repo rate by the Monetary Policy Committee in February, contingent on this inflation outlook and its implications for economic growth.