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flag Bank of Baroda forecasts India's inflation will fall to 5% by December, driven by cheaper vegetables.

flag Bank of Baroda predicts India's CPI inflation will drop to 5% in December 2024, down from 5.5% in November, due to lower vegetable prices, particularly tomatoes, onions, and potatoes. flag Improved supply and stable global edible oil prices are also contributing to the moderation. flag However, currency depreciation could lead to higher imported inflation. flag Despite some increases in other food items, overall trends suggest easing price pressures.

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