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 retail inflation surged to a 14-month high in October, driven by a jump in vegetable prices and dashing hopes of an interest rate cut by the central bank next month. The annual retail inflation of 6.

India's retail inflation rate accelerated to a 14-month high of 6.21 per cent in October 2024, surpassing the Reserve Bank of India's ( RBI ) upper tolerance limit of 6 per cent. This significant uptick,

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Bank of India's 6 percent limit.

India's retail inflation in October accelerated to 6.21% year-on-year, breaching the central bank's target range for the first time in over a year, as food prices remained stubbornly high, government data released on Tuesday showed.

Vegetables saw the highest inflation among all the food items at a staggering 42.18% in October 2024, compared to October 2023

The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively,