India Economy

A laborer carries a sack filled with pulses 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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ILEA003588621

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

Credit
NurPhoto / Kyodo News Images

Media source
Rupak De Chowdhuri/NurPhoto

Media size
6720 × 4480 pixel

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72 dpi

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4.97(MB)*

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India's Economy

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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A trader sits inside his shop at a wholesale steel and iron market in Kolkata, India, on November 26, 2024. In November 2024, India's domestic iron ore prices remain elevated on a year-on-year basis despite a cooling trend in the domestic and global market. In contrast, steel prices (flats and longs) do not follow the same pace amid weak finished steel market dynamics. (Photo by Rupak De Chowdhuri/NurPhoto)

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Labourers sit in a shop at a wholesale steel and iron market in Kolkata, India, on November 26, 2024. In November 2024, India's domestic iron ore prices remain elevated on a year-on-year basis despite a cooling trend in the domestic and global market. On the contrary, steel prices (flats and longs) do not follow the same pace amid weak finished steel market dynamics. (Photo by Rupak De Chowdhuri/NurPhoto)

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Labourers work with iron outside a shop at a steel and iron wholesale market in Kolkata, India, on November 26, 2024. In November 2024, India's domestic iron ore prices remain elevated on a year-on-year basis despite a cooling trend in the domestic and global market. On the contrary, steel prices (flats and longs) do not follow the same pace amid weak finished steel market dynamics. (Photo by Rupak De Chowdhuri/NurPhoto)