India CPI is tracking to 6% in October, a two-year high and the first breach of the RBI's upper band since October 2024. A Mint poll of 15 economists puts the range at 5.9% to 6.2%, and the RBI alread

What happened: India's retail inflation is projected to hit 6% in October, up from 5.5% in September, according to a Mint poll of 15 economists. Official data is due on 12 November. Key numbers: 6% October CPI projection, 5.5% in September, estimates ranging 5.9% to 6.2%, 15 economists polled, repo rate raised 25 bps to 5.5%, food and beverages inflation above 8% per Icra, RBI 2026-27 Why it matters: A 6% print would breach the RBI's upper tolerance limit for the first time since October 2024, and economists expect the central bank to keep rates elevated or hike again in December.

India's retail inflation is projected to hit 6% in October, up from 5.5% in September, according to a Mint poll of 15 economists. Official data is due on 12 November.

A 6% print would breach the RBI's upper tolerance limit for the first time since October 2024, and economists expect the central bank to keep rates elevated or hike again in December.