Inflation tops RBI’s 6% ceiling, raises December rate hike prospects

Food inflation accelerated, prices rose across 11 of the 12 major CPI categories, prompting economists to forecast a 25-basis-point rate hike in December.

Food inflation accelerated, prices rose across 11 of the 12 major CPI categories, prompting economists to forecast a 25-basis-point rate hike in December.

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