Business News
Home > Business News
Higher food prices raise India's Sept retail price inflation
TIWN
TIWN
PHOTO : TIWN
New Delhi, Oct 12 (TIWN) India's sequential retail price inflation spiked in September to 7.34 per cent from 6.69 per cent in August, official data showed on Monday.
The rate of price rise in the food basket was 10.68 per cent in September compared to 9.05 per cent in August, as per the data released by the National Statistical Office (NSO) on Monday. The Reserve Bank of India mainly factors in retail inflation while deciding on the key interest rate.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals