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India consumer prices rise, industrial output growth slows
Shoaib Ur Rehman
12 Nov, 2015
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Copyright AFP (Agence France-Presse), 2015
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![](https://i.brecorder.com/images/2015/11/india-flag-nov.jpg">NEW DELHI: India's consumer prices rose five percent in October, accelerating from a 4.41 percent increase in September, the Statistics Ministry said Thursday, with economists saying imminent interest rate cuts are now unlikely.</P><P>The retail inflation rate was driven higher by rising fuel and food prices, with recent spikes in the cost of sensitive staples such as pulses and onions drawing outrage from Indian consumers.</P><P>The October figure was slightly higher than a 4.9 percent gain predicted by a Bloomberg survey of 33 economists. </P><P>)
