Brief by Shorts91 Newsdesk / 02:42pm on 06 Nov 2026,Friday India
India’s retail inflation is expected to have accelerated in October, moving closer to the Reserve Bank of India’s upper tolerance limit of 6%, according to a Reuters poll of economists. The projected increase is largely attributed to rising food prices, with food inflation estimated at 8.20%. Higher global food prices and input costs are adding to pressure on household budgets. The RBI’s inflation target range is 2% to 6%, while its forecast for average inflation during the current financial year stands at 5.2%. The anticipated rise could influence the central bank’s monetary policy decisions, as policymakers assess price pressures and the outlook for inflation in the coming months. (PC: X)
