Consumer price inflation at 9.9 percent in November
NEW DELHI (Reuters) - 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)
- Tweet this
- Share this
- Digg this
- Computer spying malware uncovered with 'stealth' features - Symantec
- India approves $2.6 bln mounted gun purchase - official
- 'Hunger Games' tops U.S. box office with $123 million opening
- China building South China Sea island big enough for airstrip - report
- Obama to Republican critics on immigration: 'Pass a bill'
India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article