Live
- Thiruvananthapuram Mayor denies misbehaving with KSRTC bus driver
- Rahul Gandhi bats for dalit rights in Gujarat's Patan
- Empowering Tomorrow's Voters: Meru Students Lead Civic Duty Postcard Campaign
- Boost Your Immunity Naturally this Summer
- Nothing Phone 2a Blue Variant Launched: Price, Specifications and Offers
- Exploring the timeless allure of heritage Indian clothing
- Large caps dominate as Sensex gains more than 800 points
- Viksit Bharat Ambassador: Participants hail initiative, feel proud to be citizens of fifth largest economy
- JP Nadda Highlights BJP's Development Agenda and Achievements in Kothagudem
- Apple iPad Event: New Apple Pencil to Feature Haptic Feedback and Enhanced Gestures
India's retail inflation slows to 4-month low in Oct
30 Nov 2023 12:38 PM GMT
Highlights
India's retail inflation slowed to a four-month low of 4.87 per cent in October from 5.02 per cent in September, bringing respite to consumers.
New Delhi: India's retail inflation slowed to a four-month low of 4.87 per cent in October from 5.02 per cent in September, bringing respite to consumers.
The falling inflation level is also coming closer to the RBI's 4 per cent target that would trigger a cut in interest rates to spur growth.
Lower core inflation, which excludes food and energy prices. Food inflation, which accounts for nearly half of the overall consumer price basket, was 6.61 per cent in October, little changed from an upwardly revised 6.62 per cent in September.
The sharp decline in edible oil prices continued during the month. However, prices of pulses and spices rose by 18.79 and 22.76 per cent, respectively.
Next Story
ADVERTISEMENT
