Retail inflation surges to a 14-month high of 6.2% in October
Tuesday, 12 November 2024 () India's retail inflation surged to a 14-month high in October, driven by soaring food prices, exceeding the central bank's target and diminishing hopes of an interest rate cut. However, industrial output rebounded in September, fueled by growth in the manufacturing sector.
UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures.
The Office for National Statistics (ONS) said Consumer Prices..