Economic dataMoneycontrol
Inflation breaches RBI's 6% ceiling: Six states cross 7%, onion prices surge 116%
Negative-31
GreyOak summary
India's retail inflation reached 6.09% in October, crossing the RBI's 6% upper limit. Food inflation surged to 8.94%, driven by a 116% rise in onion prices. Six states recorded inflation above 7%, with Tamil Nadu leading at 7.29%.
What it affects
- CPI inflationNegative -31
Rolling sentiment Negative -64
