Economist, Axis Bank
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Last updated Nov 12, 2026
Forecasts inflation above 6% into mid-2027
A basket of groceries that cost 1,000 rupees a year ago now costs about 1,089. Onion prices have more than doubled. In October, that pressure pushed India's retail inflation to 6.09%, the first time it has breached the Reserve Bank of India's 6% ceiling under the country's new price index.
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