Retail inflation spikes to its highest level in 2024, touches 5.49% in Sept

Quick Summary:

Data showed that food inflation rose sharply to 9.2 per cent in September from 5.

This sharp uptick was led by an acceleration in the prices of fruits (7.65 per cent) and vegetables (35.99 per cent).

Meanwhile, the prices of cereals (6.84 per cent) and protein-rich items like eggs (6.31 per cent) and meat and fish (2.66 per cent) decelerated during the month.

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Category: BusinessFinance

Markets: India

Topics: India's retail inflation Inflation data Retail inflation data CPI data CPI

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-14 @ 17:53:15 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23038814

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