Consumer prices in September experienced a significant surge, reaching 5.49%, which marks the highest increase in the past nine months. Notably, food inflation stood at 9.24%, with noticeable rises observed in both rural (5.87%) and urban (5.05%) areas. The latest data on the Consumer Price Index (CPI) reveals that inflation has exceeded the Reserve Bank of India's target of 4%. According to the CPI data for September, consumer prices rose by 5.49% year-on-year, surpassing the estimated 5.10% (Agencies). Additionally, the core inflation rate in September was recorded at 3.5%, compared to 3.4% in August (Agencies).
#inflation #foodinflation #retailinflation #india #cpidata #cpi #topnews #businessnews
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