India’s Retail Inflation Hits 14-Month High in October Due to Rising Vegetable Prices0

• India, News
• November 12, 2024

India’s retail inflation surged to a 14-month high in October, with the consumer price index (CPI) reaching 6.21%. This uptick, largely attributed to rising vegetable prices, exceeded expectations and pushed inflation beyond the Reserve Bank of India’s (RBI) tolerance range of 2%-6%, as per the latest government data. Factors Behind Inflation SurgeThe primary driver of