CPI Inflation To Average 2.5% In FY26, GST Cuts To Support Core Inflation: Report

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Core inflation excluding gold — a better indicator for measuring demand-side price pressures and assessing the impact of goods and services tax (GST) rationalisation — eased slightly again in November (2.5 per cent compared to 2.6 per cent). It was helped by the continuing pass-through of lower GST rates on mass consumption goods, said the report.