India Economy

A laborer carries a load of consumer goods onto a supply cart at a wholesale market in Kolkata, India, on November 11, 2024. India's consumer price inflation rises to a 14-month high of 5.81% in October, driven by increased vegetable and edible oil prices. The central bank's tolerance threshold is 6.0%, while rising import taxes and climate risks could further strain household budgets and inflation forecasts. (Photo by Rupak De Chowdhuri/NurPhoto)

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ILEA003588579

Registered date
2024/11/11 00:00:00

Credit
NurPhoto / Kyodo News Images

Media source
Rupak De Chowdhuri/NurPhoto

Media size
6640 × 4480 pixel

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72 dpi

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4.57(MB)*

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A street vendor grills chicken kebabs at his roadside stall in Kolkata, India, on December 02, 2024. Consumer price inflation in India climbs to a 14-month high of 5.81% in October, primarily due to a spike in vegetable and edible oil prices, a Reuters poll of economists predicts, slightly below the central bank's tolerance threshold of 6.0%. Annual retail inflation, as measured by the consumer price index (CPI), likely rises for a second straight month to 5.81% in October, the highest since August 2023, according to the median forecast from a November 4-8 Reuters poll of 52 economists. It rises to 5.49% in September, higher than forecast. (Photo by Rupak De Chowdhuri/NurPhoto)

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