Published

Retail inflation rises to 6.21 per cent in Oct, breaches RBI's tolerance limit

  • Retail inflation in India increased to 6.21% in October 2024, higher than 5.49% in September 2024, as high food prices contributed to this rise.
  • This marks the first time inflation breached the Reserve Bank of India's 6% threshold in 14 months, since August 2023.
  • Food inflation accounted for nearly half of the Consumer Price Index basket, rising to 9.69% in October from 9.24% in September 2024.
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