New Delhi, Nov 12 (SocialNews.XYZ) High food prices, especially those of vegetables like onions, kept India's sequential retail price inflation in October at an elevated level.
Sequentially, the Consumer Price Index (CPI), which gagues the retail price inflation, spiked in October to 7.61 per cent from 7.27 per cent in September.
As per the data furnished by the National Statistical Office (NSO), CPI Urban rose to 7.40 per cent in October from 7.26 per cent in September.
The CPI Rural increased to 7.69 per cent last month from 7.36 per cent in September.
As per the data, the Consumer Food Price Index increased to 11.07 per cent in October from 10.68 per cent in September.
The CFPI readings measure the changes in retail prices of food products.
On a YoY inflation rate, prices of vegetables and pulses and products jumped by 22.51 per cent and 18.34 per cent, respectively, in October.
Furthermore, meat and fish prices rose 18.70 per cent and eggs became dearer by 21.81 per cent.
In addition, the fuel and light category under the CPI rose by 2.28 per cent.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz