Blitz Bureau
NEW DELHI: Retail price inflation, based on the Consumer Price Index (CPI), rose to 6.21 per cent in October as higher prices of food items such as vegetables spiked during the month, according to the figures released by the Ministry of Statistics on November 12.
The retail inflation went up as the prices of vegetables surged by as much as 42.18 per cent in October as the late withdrawal of the monsoon this year resulted in damage to the crops and reduced supply in the market.
The year-on-year housing inflation rate for October is 2.81 per cent. The corresponding inflation rate for the month of September 2024 was 2.72 per cent. The housing index is compiled for the urban sector only. The All India Electricity index and inflation for the month of October are 162.5 and 5.45 per cent, respectively. The corresponding index and inflation for the month of September this year were 162.4 and 5.39 per cent, respectively.
