Retail inflation spikes to 4.62% in Oct from 3.99% ...Middle East

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Retail inflation spikes to 4.62% in Oct from 3.99%
source : The Times of India ( Middle East ) () 35
Retail inflation based on consumer price index (CPI) rose to 4.62 per cent in October as against 3.99 per cent in September, government data showed on Wednesday. The figure exceeds the Reserve Bank of India's (RBI's) medium-term target of 4 per cent for the first time in 15 months, mainly because of rising vegetable prices.

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