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India's retail inflation in October quickens to 6.21%, breaches RBI tolerance band for first time since Aug 2023

By Economic Times - 2 days ago
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.

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