Retail inflation surges to 5.49% in September from 3.65% in August: Govt data

Retail inflation has risen to 5.49 per cent in September from 3.65 per cent in August, PTI quoted government data on Monday. The retail inflation rose mainly due to higher food prices, said government data. The consumer price index-based inflation was 5.02 per cent in September 2023.The National Statistics Office data showed that inflation in the food basket rose to 9.24 per cent in September from 5.66 per cent in August and 6.62 per cent in the year-ago month.