India's Inflation Rate Drops to 4.5% in October

India's inflation rate has decreased to 4.5% in October 2023, a notable drop from the previous month. The decline is attributed to easing food prices, particularly in vegetables and pulses. Experts suggest that this trend may indicate a stabilization in the economy, providing relief to consumers. The Reserve Bank of India is likely to consider this data in its upcoming monetary policy review, as it seeks to balance inflation control with economic growth.