Inflation drops to 14-month low at 4.20% in October
India’s Consumer Price Index (CPI) inflation dropped to a 14-month low for the month of October to 4.20% year-on-year from 4.31% in September, government data showed. The CPI in the rural areas stood at 4.78% while that for the urban areas was at 3.64%. Food inflation was 3.32% last month, lower than 3.96% recorded in September. 