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Retail Inflation Rises to 3.77 Per cent in September After Rupee Slump

Analysts polled by Reuters had forecast September's annual increase in the consumer price index at 4.0 percent, compared with August's 3.69 percent.

Reuters

Updated:October 12, 2018, 6:04 PM IST
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Retail Inflation Rises to 3.77 Per cent in September After Rupee Slump
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New Delhi: The retail inflation rate in India slightly picked up to 3.77 percent in September, government data showed on Friday, driven by higher food and fuel prices and a depreciating rupee.

Analysts polled by Reuters had forecast September's annual increase in the consumer price index at 4.0 percent, compared with August's 3.69 percent.

India's industrial output in August grew 4.3 percent from a year earlier, government data showed on Friday. This was slower than a downwardly revised 6.5 percent year-on-year increase in July, due to a slowdown in capital goods production.

However, the figure was better than a forecast of 4.0 percent growth in a Reuters poll of economists.
(Get detailed and live results of each and every seat in the Lok Sabha elections and state Assembly elections in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you don a psephologist’s hat and turn into an election expert. Know interesting facts and trivia about the elections and see our informative graphics. Elections = News18)
| Edited by: Ahona Sengupta
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