Diwali shopping 2026: CPI inflation crosses 5% in September, may hit 6.8% in November — what item-wise data reveals

India's retail inflation crossed 5% in September 2026, with projections pointing to a possible peak in November. As households prepare for Diwali shopping, the latest CPI figures reveal that festive expenses, particularly for clothing and footwear, are likely to increase. However, food and beverage prices are expected to remain relatively stable.