Retail inflation at 14-month high, WPI falls to 39-month low of 0.33%

The CPI food inflation rate rose to 5.11 per cent in September

The inflation rates in terms of the consumer price index (CPI) and the wholesale price index (WPI) continued to chart divergent paths for the second consecutive month in September. The CPI inflation rate rose to a 14-month high of 3.99 per cent in September, closer to an average of the Reserve Bank of India (RBI)-mandated target of 2-6 per cent, from 3.28 per cent in August. 

The WPI inflation rate, on the other hand, fell to a 39-month low of 0.33 per cent from 1.08 per cent over the same period. This has largely to do with more weight that