October retail inflation hit 6.2%, the highest in 14 months, driven by rising food prices, likely delaying RBI rate cuts in ...
India’s retail inflation rose to a 14-month high of 6.2 percent in October compared with 5.5 percent in the previous month, ...
It marks a sharp jump from September when prices were already rising at 5.4%. Inflation has been a growing concern for shoppers and policymakers this year as the impact of the pandemic persists.
New Delhi, Nov 12 (PTI) Retail inflation breached the Reserve Bank’s upper tolerance level, soaring to a 14-month high of 6.21 per cent in October mainly on account of rising food prices. Inflation ...
Last month, inflation had already surpassed the RBI’s medium-term target of 4 per cent for the first time since July.