It is also affecting consumer sentiment, and will likely thwart the hopes for an interest rate cut in the immediate future. Retail inflation, according to the National Statistical Office (NSO), hit a 14-month high of 6.21 per cent in October, while food inflation breached double digits for the first time since July 2023, soaring to a staggering 10.87 per cent. The spike is primarily driven by the escalating prices of essential food items including vegetables, oils, fruits, and proteins—all of which saw significant increases due to both domestic factors and global market dynamics.
Bu hikaye Millennium Post Delhi dergisinin November 15, 2024 sayısından alınmıştır.
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Bu hikaye Millennium Post Delhi dergisinin November 15, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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