Economic Indicators

India’s October retail inflation eases to 6.77% y/y – govt

2022.11.14 07:20

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© Reuters. FILE PHOTO: A labourer carries a sack of onions at a wholesale market in Kolkata, India, December 14, 2021. REUTERS/Rupak De Chowdhuri/File Photo

NEW DELHI (Reuters) – India’s annual retail inflation eased to 6.77% in October from 7.41% in the previous month, helped by slower rises in food prices and a strong base effect, government data showed on Monday.

Analysts in a Reuters poll had predicted annual inflation of 6.73% in October, compared with 7.41% in the previous month.

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