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India's inflation hits 5.54% in Sept, pushing RBI to consider more rate hikes amid economic risks.

Market News
12 Oct 2026
CNBC
View Source
Bearish
India's inflation hits 5.54% in Sept, pushing RBI to consider more rate hikes amid economic risks.

India's consumer price inflation rose to 5.54% in September from 4.82% in August, surpassing expectations and marking an 11-month rise. Food and transport costs increased sharply, with rural areas hit harder. The Reserve Bank of India (RBI) has already raised interest rates and signaled no near-term cuts, citing inflation risks from geopolitical tensions and climate challenges like drought. RBI forecasts inflation above its 4% target and raised growth estimates but warns of economic pressures ahead. Analysts expect further rate hikes by year-end to control inflation.

India's retail inflation data is provided here as market context. For readers following inflation trends, as of Oct 12, 2026 16:41 WIB, among 150 priced US stocks tradable on Pluang, 85 rose and 55 fell. Notable movers include SNAP at USD 6.35 with a 1-day change of +1.84%, LI at USD 11.34 with -1.73%, and CRM at USD 233.08 with +1.72%.

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