Retail inflation at almost 2-year high at 5.54%, driven by food prices surge
Retail inflation in India hit 5.54% in September, driven primarily by rising food prices. Food inflation surged to 7.74%, the highest since the new Consumer Price Index series began. Notably, Puducherry reported the highest regional inflation at 6.86%. This trend raises concerns about the cost of living as the government prepares for upcoming economic assessments.