India's retail inflation surged to a 14-month high in October, driven by a sharp rise in vegetable prices, curtailing expectations of an interest rate cut by th

India's retail inflation in October accelerated to 6.21% year-on-year, breaching the central bank's target range for the first time in over a year, as food prices remained stubbornly high, government data released on Tuesday showed.

The Reserve Bank of India (RBI) is mandated to keep inflation in a range of 2%-6%, with a medium term target of 4%.

India’s retail inflation surged in October, breaching the Reserve Bank of India’s (RBI) target range and reflecting mounting price pressures across essential goods and services. The Consumer Price Index (CPI)-based inflation rose to 6.

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.

India's retail inflation surged to a 14-month high in October, driven by soaring food prices, exceeding the central bank's target and diminishing hopes of an interest rate cut. However, industrial output rebounded in September,

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.

India's retail inflation in October accelerated to 6.21% year-on-year, breaching the central bank's target range for the first time in over a year, as food prices remained stubbornly high, government data released on Tuesday showed.