ET Graphics: October inflation eases to file low after GST cuts

Costs dropped in October following the latest items and repair tax (GST) rationalisation. The discount in GST charges, from 12% to five% and 28% to 18%, considerably lowered costs {of electrical} home equipment, vehicles, and meals gadgets.

Total, retail inflation eased to a file low of 0.25% in October, marking the third time in FY26 that it remained beneath the Reserve Financial institution of India's goal vary of 4%, with a margin of two proportion factors on both facet. Out of 299 gadgets tracked within the Shopper Worth Index (CPI), 135 with a weight of 38.2% recorded inflation of lower than 2%.

Anoushka Sawhney takes a glance:
GST cuts drive steep drop in auto, electrical home equipment…

…and each day home items

LOWER GST BRINGS RELIEF TO FOOD PRICES

Total, meals inflation declined by 5.02% y-o-y and by 0.2% m-o-m

Worth extremes widen: Coconuts soar, kitchen staples fall