ENGLISH NEWS National

INDIA’S SEPTEMBER RETAIL INFLATION ACCELERATES TO 9-MONTH HIGH

Mario Nawfal

@MarioNawfal
🚨🇮🇳INDIA’S SEPTEMBER RETAIL INFLATION ACCELERATES TO 9-MONTH HIGH

India’s retail inflation surged to 5.49% in September, the highest in 9 months, driven primarily by rising food prices.

This marks a significant jump from 3.65% in August and exceeds economists’ forecast of 5.04%.

Food inflation saw a sharp increase, with vegetable prices soaring 36% year-on-year.

The Reserve Bank of India expects inflation to ease in the coming months but remains cautious due to high food costs.

Sources: Reuters