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Rising food prices and higher energy costs are pushing inflation closer to the top of the Indian central bank’s tolerance range, increasing the risk that price pressures will persist into next year.
Retail inflation rose to 5.54% in September, driven by higher food costs, the highest since January’s new index series.
Tamil Nadu's retail inflation rose to 6.81 per cent in September, while Telangana slipped to fourth place as all-India inflation climbed to 5.54 per cent amid rising food prices