CPI inflation plunged to 13-month low of 3.3% in Oct'18 led by decline in food inflation to (-) 0.9% in Oct'18 from 0.5% in Sep'18. On the other hand, core inflation went up to 6.3% in Oct'18 from 5.9% in Sep'18. Healthcare, household and personal goods along with higher prices of petroleum products drove the increase in core. With benign food prices and recent decline in international oil prices, CPI inflation is likely to remain below 4% in H2FY19. Hence, RBI is also likely to remain on hold....