NEW DELHI India's annual consumer price inflation accelerated to 9.9 percent in November from the previous month, government data showed on Wednesday.
India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is above what the Reserve Bank of India (RBI) calls its comfort level.
Food prices for consumers rose by 11.81 percent in November from 11.43 percent in October.
(Reporting by Arup Roychoudhury; editing by Malini Menon)
Trending On Reuters
Fewer auspicious days later this year compelled Ramesh Phalke, an auto company employee in Maharashtra, to hold his daughter's wedding in May. This bride was lucky because many other weddings will likely be postponed - to the dismay of the country's jewellers. Full Article