Retail inflation touches an 8-month high of 7.3% in September

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Retail inflation touches an 8-month high of 7.3% in September

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CPI-based inflation surged to eight months high of 7.3 per cent YoY in September compared to 6.7 per cent in August 2020.

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The retail inflation breached upper tolerance level of RBI's inflation target for six months in a row.

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Both rural and urban inflation remained above 7 per cent mark in September.

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Upsurge in inflation has stemmed from higher food inflation driven entirely by vegetable inflation that shot up to 20.7 per cent during the month.

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Core inflation remained unchanged for the third consecutive month at 5.4 per cent YoY in September.
Story: Niti Kiran
Design: Pragati Srivastava