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Cooling food prices keep India inflation subdued through November

India’s inflation remained subdued due to lower food prices, though regional gaps and uneven consumption trends continued to highlight structural economic challenges.
India’s headline inflation averaged 1.8 percent up to November, supported by easing food prices and the gradual pass through of GST adjustments. While urban consumption indicators improved, regional disparities persisted, with parts of the northeastern region lagging national trends. Growth in private healthcare spending highlighted widening inequality across income groups despite overall price stability.