Inflation Expected to Slow Down to 4% in December

In a positive sign for the economy, inflation is likely to slow down to 4% in December, according to recent forecasts. This marks a significant decrease from the current rate of 4.9%, which is the lowest level since May 2018. The policy rate has been reduced by 900 basis points since June 2024, indicating a shift towards economic stability. Strong remittances, export inflows, and stable imports are expected to continue supporting this trend. The decrease in inflation is expected to remain within the 4-5% range, as predicted by economic analysts. This development is seen as a positive indicator for the overall health of the economy, and is likely to have a positive impact on consumer spending and business growth.