Brief by Shorts91 Newsdesk / 11:09am on 12 Nov 2026,Thursday India
India's retail inflation rose to 6.09% in October from 5.54% in September, crossing the Reserve Bank of India's upper tolerance limit of 6% for the first time in two years. Government data released on Thursday showed that rising food prices were the main reason behind the increase. Food inflation climbed to 8.94% in October, compared with 7.74% in September. The latest figure also exceeded economists' expectations of 5.93%. The rise in inflation could put pressure on household budgets and complicate the RBI's efforts to control prices while supporting economic growth. (PC: India Today)
