According to the government data, the retail inflation based on consumer price index (CPI) accelerated to 7.34 per cent in the month of September as against 6.69 per cent in August mainly on account of rising food prices. The rate of price rise in the food basket was 10.68 per cent in September compared to 9.05 per cent in August, as per the data released by the National Statistical Office (NSO). Govt data also indicate that industrial production for the month of August declined by 8 per cent mainly due to lower output of manufacturing, mining and power generation sectors.