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Higher food prices accelerate India's retail inflation in October

IANS  |  New Delhi 

A rise in food prices pushed India's annual retail rate higher in October, official data showed on Monday.

According to the data furnished by the Ministry of Statistics & Programme Implementation, October's consumer price index (CPI) rose to 3.58 per cent from 3.28 per cent reported for September.

However, on a year-on-year (YoY) basis, the CPI last month was lower than 4.20 per cent recorded in October 2016.

The overall food prices, as gauged by the Consumer Food Price Index (CFPI) rose to 1.90 per cent during the month under review from 1.25 per cent in September 2017.

--IANS

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(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Mon, November 13 2017. 17:48 IST
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