Food pushes India's retail inflation to nine-month high in September - News Summed Up

Food pushes India's retail inflation to nine-month high in September


REUTERSIndia's retail inflation in September accelerated to its highest in nine months, due to higher food prices, according to government data released on Monday. Annual retail inflation was at 5.49% in September, higher than 3.65% in August, and economists' forecast of 5.04%. The print was the highest since December 2023, when retail inflation was at 5.69%. The chart shows India inflation growth was at 9-month high of 5.49% on yearly basis in September 2024. Vegetable prices rose 36% year-on-year in September against a 10.71% increase in August.


Source: bd News24 October 15, 2024 02:17 UTC



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