Inflation in the BRICS country soared to its maximum

Inflation in India accelerated in September, reaching a nearly two-year high and approaching the top end of the local central bank's tolerance range of two to six percent. Bloomberg reported this.

The corresponding figure increased by 5.54 percent compared to the same period last year. This is the highest value since the end of 2024. In this regard, the agency noted that the combination of rising inflation and weakening currency poses a particularly difficult challenge for India's central bank.

The acceleration in price growth in September is associated mainly with food inflation, which rose to 7.74 percent, although in August it was 5.97 percent.