{"id":442109,"date":"2026-11-12T18:40:13","date_gmt":"2026-11-12T11:40:13","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/india-october-cpi-inflation-rises-to-6-09-food-inflation-accelerates-to-8-94-442109\/"},"modified":"2026-11-12T18:40:13","modified_gmt":"2026-11-12T11:40:13","slug":"india-october-cpi-inflation-rises-to-6-09-food-inflation-accelerates-to-8-94","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/india-october-cpi-inflation-rises-to-6-09-food-inflation-accelerates-to-8-94-442109\/","title":{"rendered":"India October CPI inflation rises to 6.09%, food inflation accelerates to 8.94%"},"content":{"rendered":"<div>\n<ul>\n<li>India CPI Y\/Y 6.09% vs 5.93% expected<\/li>\n<li>Prior 5.54%<\/li>\n<li><a href=\"https:\/\/www.pib.gov.in\/PressReleaseDetail.aspx?PRID=2335416&amp;reg=48&amp;lang=2\" rel=\"follow\">Full report<\/a><\/li>\n<\/ul>\n<p>India&#8217;s  CPI rose to 6.09% y\/y in October, according to provisional data, pointing to increased price pressures in the economy.\u00a0The headline inflation rate was higher in rural areas, where prices increased by 6.63% y\/y, compared with 5.41% in urban areas.<\/p>\n<p>Food inflation was a big standout, with the Consumer Food Price Index rising 8.94% y\/y in October. Food price increases were relatively broad-based across the country, with rural food inflation reaching 9.09% and urban food inflation standing at 8.68%.<\/p>\n<\/p>\n<p>The figures highlight the significant contribution of food prices to India&#8217;s inflationary pressures, with food inflation running well above the headline CPI rate.\u00a0Overall, the October report points to a challenging inflation environment for the Reserve Bank of India. Given the acceleration in inflation, the market is pricing in a 69% chance of a 25 bps hike at the next RBI meeting, with 31% probabilitiy of a larger 50 bps move.\u00a0<\/p>\n<p>The US-Iran war has been a major contributor of  inflation\u00a0through higher crude oil prices, increasing India&#8217;s import bill and  raising transportation, energy and agricultural production costs.<\/p>\n<p>As a major oil importer, India is particularly vulnerable to prolonged disruptions in the Middle East. Higher energy and fertiliser costs gradually feed into consumer prices, while a weaker rupee also makes imports more expensive. <\/p>\n<\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>India CPI Y\/Y 6.09% vs 5.93% expected Prior 5.54% Full report India&#8217;s CPI rose to 6.09% y\/y in October, according to provisional data, pointing to increased price pressures in the economy.\u00a0The headline&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-442109","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=442109"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442109\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=442109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=442109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=442109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}