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.

Last month, inflation had already surpassed the RBI’s medium-term target of 4 per cent for the first time since July.

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 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.

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