October retail inflation may have breached RBI's 6% upper limit: BS poll
· business-standard.com
Retail inflation is expected to rise to 6.05% in October, crossing the RBI's upper tolerance limit for the first time since October 2024, as food prices harden.
The breach, they say, is owing to rising food prices and an unfavourable base effect due to rate rationalisation in goods and services tax last year. The estima...