Consumer price inflation at 9.75 pct - govt
NEW DELHI (Reuters) - India's annual consumer price inflation rose in October to 9.75 percent, government data showed on Monday.
India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve Bank of India (RBI) calls its comfort level.
Food prices for consumers stood at to 11.43 percent in October from 11.6 percent in September. (Reporting by Anurag Kotoky; Writing by Arup Roychoudhury; Editing by Frank Jack Daniel)
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Nitin Gadkari, former president of the Bharatiya Janata Party and a member of the BJP’s manifesto committee, speaks to Reuters. Here are the edited excerpts. Full Article