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Below the Quote on November CPI  By  Rajeev Sharan, Head - Criteria, Model Development & Research - Brickwork Ratings

"India's November CPI of 0.71% marks a measured uptick from October's historic low, but remains substantially below RBI's medium-term target range of 2-6%. With food deflation persisting and core pressures muted, the current 'goldilocks period' provides the RBI with the continued flexibility to maintain its growth-supportive stance. While seasonal food price upticks merit attention, GST rationalisation and strong agricultural output should keep inflation anchored near 2% for FY2026.  From a credit rating perspective, such benign inflation enhances monetary flexibility and supports debt-servicing capacity, mildly positive for sovereign and corporate credit profiles."

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