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Retail inflation may have soared to an eight-month high in September with food inflation close to double-digits, but experts think that it can soften in coming months due to improved supply and base effect.
The main pain point in CPI inflation has been food and perishables and, in fact, nearly 85 per cent of the spike in CPI inflation in September is estimated to have come from perishables. fuel and lighting with a weight of 6.84 per cent in the CPI inflation basket will behave, is difficult to predict as of now. However, we don't know how fuel and lighting, which has weight of 6.84 per cent in the CPI inflation basket, will behave.
Here's all you need to know.
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