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India's inflation rose to 6.21%, exceeding RBI's limit, mainly due to higher food prices.
India's retail inflation hit a 14-month high of 6.21% in October, exceeding the Reserve Bank of India's upper tolerance limit of 6%.
The surge was mainly due to rising food prices, with vegetables seeing a sharp increase.
The RBI, aiming to maintain inflation within a 4% target with a 2% margin, is unlikely to cut interest rates in the near future.
This inflation spike poses challenges to economic stability and consumer purchasing power.
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La inflación de la India aumentó a 6,21%, superando el límite de RBI, principalmente debido a los precios más altos de los alimentos.