October inflation hits 6.21%, highest in over a year due to rising food costs

India's retail inflation surged to 6.21 percent in October, exceeding the Reserve Bank of India's target range for the first time in over a year. Driven by a sharp increase in vegetable prices, food inflation rose to 10.87 percent. While some food categories saw price declines, economists predict inflation will remain above 5 percent in the near future. https://ift.tt/ozeA9nu