Inflation breaches RBI’s target of 6%; mounts pressure on household budgets

STC NEWS DESK
SRINAGAR, NOVEMBER 12 (STC): India’s retail inflation has breached the Reserve Bank of India’s (RBI) upper tolerance limit of 6 percent. It has climbed to 6.09 percent in October owing to a sharp rise in food prices continuing to push up household expenses.
As per the data released by the Ministry of Statistics and Programme Implementation (MoSPI) and shared by the Press Information Bureau (PIB) today, the inflation, measured by the Consumer Price Index (CPI), rose from 5.54 percent in September to 6.09 percent in October.
It’s the ninth consecutive monthly increase in retail inflation, with the headline rate more than doubling from 2.74 percent in January 2026.
Food inflation accelerated to 8.94 percent in October from 7.74 percent in September, reflecting sustained pressure on household food budgets.
(Straight Talk Communications)