Retail inflation rises to 6.21 pc in Sep amid higher food prices


PTI, Nov 12, 2024, 4:38 PM IST

Retail inflation rose to 6.21 per cent in October from 5.49 per cent in the preceding month mainly due to higher food prices, breaching the Reserve Bank of India’s (RBI’s) upper tolerance level, according to official data released on Tuesday.

The consumer price index-based inflation was 4.87 per cent in October 2023.

The National Statistics Office data showed that inflation in the food basket rose to 10.87 per cent in October from 9.24 per cent in September and 6.61 per cent in the year-ago month.

The RBI, which kept the key short-term lending rate unchanged earlier this month, has been tasked by the government to ensure inflation remains at 4 per cent with a margin of 2 per cent on either side.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Renukaswamy case: Bail hearing for actor Darshan adjourned to Nov 26

Beware of calls asking for pending traffic fines: Bengaluru police

Smriti Irani embarks on four-nation tour to promote book on PM Modi

Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products

Lone elephant attacks family in Shishila, damages bike

Effort is ours, results are God’s will: DCM DK Shivakumar on K’taka by-elections

World should embrace Buddhist doctrines to resolve conflicts: Rajnath at Laos meet

Related Articles More

Gautam Adani charged in US with USD 250 mn bribery, fraud

India’s GDP growth likely to slip at 6.5 pc, maintains 7 pc estimate for FY25: Icra

RBI cautions public about ‘deepfake’ video of governor being circulated on social media

We disagree with decision, plan to appeal: Meta on CCI imposing Rs 213-cr penalty

Sensex drops 241 pts, Nifty falls for 7th day on selling in IT, oil shares

MUST WATCH

DK Shivakumar

Rose Cultivation

Geethotsava

Naxal Operation

Swimming pool


Latest Additions

Renukaswamy case: Bail hearing for actor Darshan adjourned to Nov 26

Smriti Irani embarks on four-nation tour to promote book on PM Modi

Beware of calls asking for pending traffic fines: Bengaluru police

Smriti Irani embarks on four-nation tour to promote book on PM Modi

Karnataka Milk Federation enters Delhi-NCR, offers competitive pricing on Nandini products

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.