If we exclude vegetable prices, CPI inflation remains in RBI's range: UBI research
- Posted on November 13, 2024
- By Business News Today
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If we exclude vegetable prices, CPI inflation remains in RBI's range: UBI research
India's retail inflation surged to a 14-month high of 6.21% in October, fueled by soaring food prices, particularly a 42.18% jump in vegetable costs. A Union Bank report attributes the spike to seasonal factors and expects a correction, but highlights concerns over rising edible oil and cereal prices.
