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India’s Oct CPI Inflation Hits 2-Year High Of 6.09%|Is It A Macro Reset With Crude, Rupee Relief?

India's retail inflation, measured by the Consumer Price Index (CPI), rose to a two-year high of 6.09% in October, breaching the Reserve Bank of India's (RBI) upper tolerance limit of 6% and coming in marginally above the CNBC-TV18 poll estimate of 6%. Inflation had stood at 5.54% in September.