India's Retail Inflation Hits 14-Month High at 6.21% in October 2024 Amid Surging Food Prices

India's retail inflation for October 2024 surged to 6.21%, the highest in 14 months, up from 5.49% in September 2024 and 4.87% in October 2023.

Food inflation jumped to 10.87%, compared to 9.24% in September and 6.61% in October 2023.

Rural inflation stood at 6.68%, while urban inflation was lower at 5.62%.

Industrial production grew by 3.1% in September 2024, indicating a positive trend in manufacturing despite the rising inflation.