{"id":176250,"date":"2024-11-16T13:14:06","date_gmt":"2024-11-16T13:14:06","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/16\/at-8-8-chhattisgarh-records-highest-retail-inflation-in-october-times-of-india\/"},"modified":"2024-11-16T13:14:06","modified_gmt":"2024-11-16T13:14:06","slug":"at-8-8-chhattisgarh-records-highest-retail-inflation-in-october-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/11\/16\/at-8-8-chhattisgarh-records-highest-retail-inflation-in-october-times-of-india\/","title":{"rendered":"At 8.8%, Chhattisgarh records highest retail inflation in October &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i3.wp.com\/static.toiimg.com\/thumb\/msid-115349279,imgsize-1519893,width-400,resizemode-4\/115349279.jpg?fit=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"At 8.8%, Chhattisgarh records highest retail inflation in October &#8211; Times of India\" title=\"At 8.8%, Chhattisgarh records highest retail inflation in October &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<p>New Delhi: Chhattisgarh witnessed the highest inflation rate among states and Union territories in October, followed by Bihar, highlighting the inflationary pressures across the country stoked by stubborn food prices.<br \/>The latest retail inflation data for October released by the National Statistical Office (NSO) showed Chhattisgrah recorded an inflation rate of 8.8%, while Bihar had a rate of 7.8%. Odisha was in third place with a rate of 7.5%, followed by Uttar Pradesh at 7.4% and Madhya Pradesh at 7%.<br \/>Out of the 22 states and UTs for which data is available, half of them recorded an inflation rate above 6%. Delhi had the lowest inflation rate of 4%, followed by West Bengal and Maharashtra. According to the latest data, retail inflation surged to a 14-month high of 6.2% in October, led by soaring food prices &#8211; particularly vegetables.<\/p>\n<div data-pos=\"0\" class=\"id-r-component QbQNS undefined  &#10;        \">\n<div><img decoding=\"async\" alt=\"Delhi sees lowest rate of price rise\" msid=\"115349275\" width=\"600\" title=\"\" placeholdersrc=\"https:\/\/static.toiimg.com\/photo\/83033472.cms\" imgsize=\"23456\" resizemode=\"4\" offsetvertical=\"0\" placeholdermsid=\"\" type=\"thumb\" class=\"\" src=\"https:\/\/static.toiimg.com\/thumb\/imgsize-23456,msid-115349275,width-600,resizemode-4\/115349275.jpg\" data-api-prerender=\"true\"\/><\/div>\n<\/div>\n<p>The retail inflation rate in October has breached RBI upper tolerance band of 6%, dashing hopes of any cut in interest rates for now. Vegetables, cereals, fruits, oils and fats have been identified as key factors behind the price surge.<br \/>Experts say there are several factors that influence the varying inflation rates across states, including supply issues. The sharp increase in retail inflation and wholesale price inflation, which rose to a four-month high of 2.4% in October largely led by high food prices, has triggered a debate with commerce minister Piyush Goyal calling upon the Reserve Bank of India to cut rates, arguing that targeting food price inflation through interest rates was an &#8220;absolutely flawed theory.&#8221; Earlier, RBI governor Shaktikanta Das had cautioned about upside risks to inflation from factors such as food prices and said a rate cut should not be taken for granted.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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