BusinessPhoto: HT BusinessRBI Governor Confirms Inflation Concerns as Retail Inflation Hits 5.5%
RBI Governor Sanjay Malhotra stated inflation remains a concern after the Monetary Policy Committee meeting on October 7. Retail inflation measured by the Consumer Price Index reached 5.5% in September, matching economists' forecasts. Quarterly inflation for July-September was 4.9%, as projected by the RBI. Inflation rose steadily from November 2025 to September 2026, driven mainly by food price increases, which now form 37% of the CPI basket.
HT Business·



