India's consumer prices rose 4.82% year-on-year in August, a series high, and the RBI is leaning on a record foreign-reserve build rather than a rate hike to absorb the fallout from a drone strike that knocked out a major Saudi pipeline.
PIB's August CPI release, on the new 2024=100 series, puts food inflation at 5.95% as the RBI's 5–7 October MPC nears with the repo still at 5.25%. Source
