India 360: Indias Retail Inflation Eases To 3-Month Low Of 6.77% In October; How Durable Is This Relief On The Inflation Front?

The fall in consumer price index-based retail inflation to 6.77 per cent in October from 7.41 per cent in September has also brought some relief for the Reserve Bank which has been struggling to bring it below the upper tolerance level of 6 per cent since January this year. The Wholesale Price Inflation (WPI) eased to 8.39 per cent in October. How durable is this relief on the inflation front? What were the main reasons for the fall in inflation? Watch the exclusive interview with Aditi Nayar, Chief Economist, ICRA on India 360.