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.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left1Leaning Right3Center0Last UpdatedBias Distribution75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
L 25%
R 75%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage