Economic dataFinancial Express
Inflation breaches RBI’s tolerance band
Negative-359 sources
GreyOak summary
India's retail inflation rose to 6.09% in October, breaching the RBI's 2-6% tolerance band for the first time since October 2024. Driven by weak monsoon and El Nino, food inflation spiked to 8.94%.
What it affects
- CPI inflationNegative -35
CPI hit 6.09%, breaching RBI tolerance band.Rolling sentiment Negative -65
- RBI policy rate and stanceNegative -35
RBI raised repo rate to 5.50% by 25bps.Rolling sentiment Negative -44
- RBI regulationNegative -35
Inflation breached RBI's 2-6% tolerance range.Rolling sentiment Positive +32
