Nov retail inflation eases to 7% on food prices
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Cheaper food prices lowered India s sequential retail price inflation in November.
Sequentially, the Consumer Price Index (CPI), which gauges the retail price
inflation, rose at a slower rate of 6.93 per cent in November from 7.61
per cent reported in October.
As per the data furnished by the
National Statistical Office (NSO), CPI Urban rose to 6.73 per cent in
November from 7.33 per cent in October, while CPI Rural increased to
7.20 per cent last month from 7.75 per cent in October.
The Consumer Food Price Index, increased at a slower rate of 9.43 per cent in November from 11 per cent in October.
Retail inflation decreases to 6 93% in Nov from 7 61% in Oct origin-businesstoday.intoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from origin-businesstoday.intoday.in Daily Mail and Mail on Sunday newspapers.