Retail inflation may remain above 6 pc for next few months

GreyOak summary

Economists predict India's retail inflation will stay above the RBI's 6% tolerance limit due to rising food prices and adverse base effects. With October inflation at 6.09%, driven by food items like onions and garlic, the RBI may raise benchmark rates by 0.25% in December and February. Weather risks and weak rabi sowing could sustain elevated food inflation.