India’s Consumer Price Index (CPI) inflation jumped 5.49% in the month of September, up from 3.65% in August, due to high base effect and weather conditions, the government said on Monday.  

The year-on-year inflation rate, based on the All India Consumer Price Index (CPI), for the month of September was 5.49%. Corresponding inflation rates for rural and urban areas were 5.87% and 5.05%, respectively. 

The inflation rate based on the All India Consumer Food Price Index (CFPI) number was 9.24% (provisional) for the month of September. 

The housing inflation rate was 2.78%, up from 2.66% in August, for the urban sector. 

According to the data provided by the Ministry of Statistics, the all-India electricity index and inflation for the month of September were 162.5 and 5.45%, respectively. 

"During the month of September, 2024, a significant decline in inflation is observed in pulses and products, spices, meat and fish and sugar and confectionery sub-group," the data showed.  

According to experts, the rise in retail inflation is particularly in the aftermath of erratic monsoon patterns. 

(This story was taken from a syndicated feed and was only edited for style by Gujarat Samachar Digital staff)