ICICI Bank forecasts food prices to decline in January, easing inflation concerns.
Lower food costs may give RBI room to consider a rate cut in February.
Falling prices can reduce household expenses and boost savings.
Economists believe rate cuts could support growth in key sectors.
Consumers could benefit from cheaper loans if rates are reduced.
The decline in prices aligns with a seasonal trend in food markets.
Market conditions will shape final RBI decisions on rate adjustments.