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Retail inflation shoots up 6.21% in Oct compared to 5.49% in Sept amid higher food prices
11/12/2024 9:46:42 PM

Agencies
NEW DELHI, Nov 12: 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, breaching the Reserve Bank of India's (RBI's) upper tolerance level, according to official data released on Tuesday. The consumer price index-based inflation was 4.87 per cent in October 2023. The National Statistics Office data showed that inflation in the food basket rose to 10.87 per cent in October from 9.24 per cent in September and 6.61 per cent in the year-ago month.
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