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
British telecoms operator Vodafone has picked Bank of America Merrill Lynch (BofA), Kotak Investment Banking and UBS as joint global coordinators of its Indian unit's IPO, people familiar with the matter said, kicking off its long-awaited listing plan. Full Article