Retail inflation at almost 2-year high at 5.54% in September, driven by food prices surge

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Retail inflation in India reached 5.54% in September, mainly spurred by rising food costs. Food inflation escalated to 7.74%, the highest recorded since the new CPI series was launched. The price of onions skyrocketed, while some items, like potatoes and tomatoes, saw price drops. Puducherry…