Retail inflation eases to 4.35% in Sept; IIP grows 11.9% in August

This marks the third consecutive month within the Reserve Bank of India's inflation tolerance band of 2%-6%.

India's retail inflation eased again in September, falling to a five-month low, thanks to a favourable comparison with last year and moderating food prices that offset a surge in the cost of crude oil and fuel, government data showed on Tuesday. 

Consumer price inflation fell sharply to 4.35% in September from 5.3% in August. This marks the third consecutive month within the Reserve Bank of India's (RBI) tolerance band of 2%-6%. The Consumer Price Index-based (CPI) inflation was at 7.27% in September 2020.

As per the data released by the National Statistical Office (NSO), the inflation in food basket eased to 0.68%