Earlier on Tuesday, retail inflation figures have been revealed. Retail inflation stood at 6.21 p.c in October. In September it was 5.49 p.c. The rationale for the rise in retail inflation fee was attributed to the sharp improve within the costs of greens final month. Vegetable costs have elevated by 42.18 p.c in October.
A big decline in inflation charges has been noticed in pulses, eggs, sugar confectionery and spices in the course of the month of October. The excessive meals inflation fee in October is principally as a result of improve in costs of greens, fruits, oils and fat.
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