India’s retail inflation surged in October, breaching the Reserve Bank of India’s (RBI) target range and reflecting mounting price pressures across essential goods and services. The Consumer Price Index (CPI)-based inflation rose to 6.

The consumer price index-based inflation was 4.87 per cent in October 2023. Prashant Tamta Updated : Nov 12, 2024, 05:24 PM IST Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices,

India's retail inflation in the month of October surged to a 14 month high of 6.2 per cent. This is primarly driven by the sharp rise in food prices. Also, this is a noticeable jump from the 5.5 per cent inflation rate recorded in September 2024,

India's wholesale price-based inflation accelerated to a four-month high of 2.36% year on year in October due to elevated food prices, government data released on Thursday showed. Inflation for October was higher than the 2.

Food price inflation, a major contributor to the wholesale price index, rose by 11.59% annually in October, compared to a 9.47% gain in September.