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
The U.S. Department of Justice (DoJ) has subpoenaed India's largest drugmaker Sun Pharmaceutical Industries Ltd seeking information about the pricing and marketing of the generic drugs it sells in the United States, the company said on Saturday. Full Article