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Retail Inflation Edges Higher To 4.48% In October Due To High Fuel Prices


Retail Inflation Edges Higher To 4.48% In October Due To Rise In Fuel Prices

Retail inflation in October 2021: Retail inflation rose to 4.48 per cent final month

Retail inflation rose 4.48 per cent in October 2021 from 4.35 per cent in September, owing to greater gas costs authorities information confirmed on Friday. This was greater than a latest ballot performed by information company Reuters, which estimated that the retail inflation declined to a six-month low, at round 4.32 per cent in October The Reuters ballot was performed between November 8-9 with 43 economists. (Additionally Learn: October Retail Inflation Seemingly Close to 6-Month Low, Inside RBI’s Tolerance Band )

The retail inflation rising to 4.48 per cent in October is inside the Reserve Financial institution of India’s consolation zone of two per cent – six per cent, for the fourth straight month. 

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