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12
Nov
Nov
Retail Inflation Hits 6.2% in October 2024: Diminished Hopes for Repo Rate Cut in December
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Vishal / 6 months
- 0
- 4 min read
India’s retail inflation rate reached 6.2% in October 2024, marking a significant increase that poses challenges for both consumers and policymakers. As food and energy prices continued to rise, the inflation rate breached the Reserve Bank of India’s (RBI) upper tolerance limit of 6% for the third consecutive month, putting pressure on the central bank’s […]
