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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 ...
Listen. 1:34. India’s inflation quickened at the fastest pace in 14 months, breaching the central bank’s tolerance level and giving it a strong reason to stay cautious, even as calls grow to ...
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. The rise in onion prices is a major concern.
Food inflation hit 9.69% in October, driving overall inflation. Inflation breached RBI's 6% limit after 14 months. Retail inflation in India rose to 6.21% in October, up from 5.49% in September 2024, marking a sharp increase driven by high food prices. In comparison, retail inflation stood at 3.65% in August 2024 and 3.54% in July 2024.
India’s retail inflation jumped marginally to 3.65% in August, from 3.54% in July, 5.08% in June, and 4.75% in May 2024, according to the latest Ministry of Statistics and Programme...
Inflation Rate in India decreased to 3.54 percent in July from 5.08 percent in June of 2024. This page provides - India Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021. India inflation rate for 2021 was 5.13%, a 1.49% decline from 2020. India inflation rate for 2020 was 6.62%, a 2.89% increase from 2019. Download Historical Data.
CPI is widely used as a macroeconomic indicator of inflation, as a tool by governments and central banks for inflation targeting and for monitoring price stability, and as deflators in the national accounts. CPI is also used for indexing dearness allowance to employees for increase in prices.
Ministry of Statistics and Programme Implementation, Government of India Statewise Inflation Rates (%) for September 2024 (based on CPI) | Ministry of Statistics and Program Implementation | Government Of India
This paper attempts to provide a detailed analysis of the inflation trajectory in India post February 2022. We explore disaggregated data, sources of price pressures month to month, the distribution of inflation and its moments, and other statistical measures.