India's consumer price inflation likely to stay above 5 per cent in 2024: SBI Report

New Delhi [India], December 4 (ANI): India's consumer price inflation (CPI) is expected to remain above 5 per cent for the rest of 2024, according to a recent report by the State Bank of India (SBI).

The report highlighted that despite a significant decline in vegetable and protein prices in November, the persistence of food consumption in rural areas is contributing to inflationary pressures.

It added that rural economie