India's retail inflation jumps to 5-month high of 7.41%

India’s retail inflation accelerated to 7.41 per cent in September, compared with 7 per cent in the previous month, according to official data. September has registered the five-month high level amid the a surge in food prices. Meanwhile, the Index of Industrial Production (IIP) witnessed a fall of 0.8 per cent in August as compared with a growth of 2.4 per cent in July.