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India’s CPI Inflation October 2024: Food inflation moreover jumped to 10.87 per cent.
Official CPI inflation data for October 2024 has been launched.
India’s retail inflation, primarily based totally on the Consumer Price Index (CPI), in October 2024 surged to a 14-month extreme of 6.21 per cent, in line with the most recent official data launched on Tuesday. However, industrial manufacturing grew by 3.1 per cent in September 2024.
India’s retail inflation had stood at 5.49 per cent inside the earlier month of September 2024. It was at 4.87 per cent in October 2023.
Food inflation moreover jumped to 10.87 per cent, in distinction with 9.24 per cent in September 2024 and 6.61 per cent in October 2023.
“Year-on-year inflation charge based mostly on All India Consumer Price Index(CPI)for the month of October, 2024 is 6.21%. Corresponding inflation charges for rural and concrete are 6.68percentand5.62%, respectively,” the finance ministry mentioned in a press release.
News enterprise » financial system India’s CPI Inflation in October 2024 Jumps to 14-Month High of 6.2%; IIP Grows 3.1% in September
