Rise in food prices is directly affecting common man. (File Photo) IANS
Economy

Price Hike: Retail inflation hits 7.41% in September

September's retail inflation of 7.41 percent was much higher than last September's level of 4.35 percent.

Author : NewsGram Desk

Retail inflation rose to 7.41 percent in September from 7 percent in August, mainly due to higher food inflation which went up sharply to 8.6 percent from 7.6 percent in August.

September's retail inflation of 7.41 percent was much higher than last September's level of 4.35 percent.

This is the ninth straight month when retail inflation has remained above the RBI's tolerance limit of 2 to 6 percent.

High prices of cereals, meat, fish, and eggs along with those of fruits and vegetables led to the spike in retail inflation. (KB/IANS)

Subscribe to our channels on YouTube and WhatsApp 

Rajasthan SIR Row: Allegations of Targeted Muslim Voters Deletions in Adarsh Nagar Constituency Raises Concerns About SIR Process

Governor R N Ravi Walks Out of Tamil Nadu Assembly Again for the Fourth Consecutive Year; Renews Constitutional Clash Between Raj Bhavan and the State Government

Supreme Court Directs Delhi Government To Implement the New Education Act in A Proper Manner, Even as the Act Faces Criticism From Parents and Schools

Karnataka DGP Ramachandra Rao Suspended After Obscene Video in Official Uniform Goes Viral

BJP Elects Nitin Nabin as National President, Making Him the Youngest Party Chief at 45