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India's Nov retail inflation sequentially inches up to 4.91%

By IANS | Updated: December 13, 2021 18:20 IST

New Delhi, Dec 13 Higher food prices lifted India's November retail inflation on a sequential basis, official data ...

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New Delhi, Dec 13 Higher food prices 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.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: indiaNew DelhiReserve Bank Of IndiaNational Statistical OfficeThe finance ministry of indiaMonetary policy committee of the rbiThe new delhi municipal councilDelhi south-westCentral board of reserve bank of indiaReserve bank of india governor
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