India Economy

A laborer is carrying consumer goods to load onto a supply boat on the banks of the river Ganges at a wholesale market in Kolkata, India, on November 11, 2024. India's consumer price inflation is rising to a 14-month high of 5.81% in October, driven by increased vegetable and edible oil prices. The central bank's tolerance threshold is 6.0%, while rising import taxes and climate risks are potentially further straining household budgets and inflation forecasts (Photo by Rupak De Chowdhury/NurPhoto).