Business News
Home > Business News
India's Nov retail inflation sequentially inches up to 4.91%
TIWN
TIWN

PHOTO : TIWN
New Delhi, Dec 13 (TIWN) Higher food prices, as well as rising commodity costs, lifted India's November retail inflation on a sequential basis, official data showed on Monday.
The data furnished by the National Statistical Office showed that Consumer Price Index (CPI) inched-up to 4.91 per cent last month from 4.48 per cent in October 2021.
However, on YoY basis, the rise in last month’s retail inflation was lower than the 6.93 per cent rise recorded for November 2020.
Despite the rise, retail inflation remained well within the range of the Reserve Bank of India’s set target of 2-6 per cent.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research