India’s retail inflation accelerates to 5.49%, exceeds RBI’s 4% target
- Posted on October 14, 2024
- By Business News Today
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India’s retail inflation accelerates to 5.49%, 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.
