October 14, 2024 8:22 PM
Retail inflation rises to 5.49% in September, driven by food prices
India’s Consumer Price Index (CPI)-based inflation rose to 5.49% in September, up from 3.65% in August, reflecting a sharp increase driven primarily by rising food prices. Rural inflation stood at 5.87%, while urban inflation was recorded at 5.05%, highlighting continued price pressures across regions. The Consumer Food Price Index (CFPI) surged to 9.24% in September, with urban food inflation at 9.56% and rural food inflation at 9.08%. The rise was attributed to elevated prices across severa...