Retail Inflation Shoots Up To 5.54% In September, Onion Prices Double
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Summary
The figure was released day after the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) hiked the benchmark lending rate or the repo rate by 25 basis points to 5.50 per cent - a move to curb inflation.
Key Facts
TypeNews
SourceNDTV - India
PublishedMonday, 12 October 2026
Affected Population1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
Merchandise exports: $437 billion (2024-25)
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight