India’s CPI inflation eases to three-months low at 5.02% – Daily Market Update- Equity 13 Oct 2023

The Consumer Price Index-based inflation stood at 5.02% in September, as compared with 6.83% in August, according to data from the Ministry of Statistics and Programme Implementation released on Thursday. Food and beverage inflation rose to 6.3% in September, as compared with 9.19% during August. Core inflation fell to 4.6% in September, from 4.8% in August. This was the lowest since April 2020.