India's September inflation picks up to 7.34%

India's September inflation picks up to 7.34%

A vendor weighs vegetable next to an advertisement of Paytm

India's annual retail inflation picked up in September to 7.34% from a year ago as food prices surged ahead of the festival season, government data showed on Monday.

Analysts in a Reuters poll had forecast that retail inflation would rise to 6.88% in September, compared to 6.69% in the previous month.

(More details awaited)