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Editor#39;s Take | October CPI inflation climbs to 16-month high

November 15
03:29 2019

CPI inflation is at a 16-month high, primarily driven by higher food prices. India’s retail inflation surged in October as extended monsoons have led to a rise in vegetable prices. The inflation based on Consumer Price Index (CPI) was 3.99 percent in September and 3.38 percent in October 2018.

Food prices grew 7.89 percent in October, against 5.11 percent in September. Vegetables inflation for October stood at 26 percent against 15.4 percent in September.

In this episode of Editor’s Take, Moneycontrol’s Sakshi Batra gets in conversation with Deputy Executive Editor Gaurav Choudhury to find out the reason behind rise in headline inflation.

Watch the video for more.Get access to India’s fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code “GETPRO”. Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

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