Retail inflation rises marginally to 4.48% in October, September IIP at 3.1% 

The reasons that led to higher retail inflation were increased vegetable prices and a sharp rally in global crude oil rates, which led to a sharp increase in petrol and diesel prices. 

India’s retail inflation rose marginally to 4.48 per cent in October, well within the Reserve Bank of India’s (RBI) target band of 2-6 per cent for the fourth straight month.

In comparison, the retail inflation measured by the consumer price index (CPI) came in at 4.35 per cent in September.