CPI surges to 10-month-high at 6.21% in Oct; IIP improves to 3.1% for Sept

India’s retail inflation climbed to 6.21% in September, breaching the RBI’s 2-6% target in October. Food prices surged 10.87%, with rural and urban inflation at 6.68% and 5.62%, respectively. Industrial production improved, rising 3.1% in September, driven by manufacturing growth, according to MoSPI data.

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