Inflation in India to rise further to 5.81% on rising food costs: Poll

Quick Summary:

Annual retail inflation as measured by the CPI likely rose a second straight month to 5.

Food prices, which make up nearly half of the inflation basket, likely increased at a faster pace last month.

Reserve Bank of India Governor Shaktikanta Das on Wednesday highlighted the upside risks to inflation, dampening immediate expectations for a rate cut.

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Category: BusinessFinance

Markets: India

Topics: Indian Inflation Consumer Price Index Consumer Price Index inflation Consumer price inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 18:25:53 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 662 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23470280

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