High prices of imported crude, gold, and chemicals contributed to high inflation: SBI report
- Posted on October 17, 2024
- By Business News Today
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High prices of imported crude, gold, and chemicals contributed to high inflation: SBI report
India's imported inflation reached a 13-month high in September 2024, increasing by 2%. Key contributors include rising prices of gold, oils, and chemical products. Retail inflation also surged to a nine-month high, driven by food price hikes, accentuating the overall inflationary pressure on the economy.