Current Affairs - Economy - Discussion

5.54% was India’s retail inflation rate in September 2026, up from 4.83% in August 2026. The revised figures were released on October 12, 2026, by the Ministry of Statistics and Programme Implementation (MoSPI), using the Consumer Price Index series with 2024 as the base year. The increase was mainly driven by rising food prices, particularly vegetables such as onions. Food inflation climbed to 7.74%, while rural retail inflation reached 6.08% and urban retail inflation stood at 4.88%. Although retail inflation exceeded the RBI’s 4% target, it remained within the permitted tolerance range of 2% to 6%.