India’s retail inflation hits 9-month high of 5.49% in September, exceeds RBI’s 4% target

India's retail inflation rose to 5.49% in September, driven by higher vegetable prices and a lower year-ago base, surpassing the Reserve Bank of India's (RBI) 4% medium-term target for the first time since July. This increase follows a five-year low of 3.65% in August.
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