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Consumer price inflation at 9.9 percent in November
December 12, 2012 / 5:47 AM / 5 years ago

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.

A vendor waits for customers at a wholesale vegetable market on the outskirts of Jammu November 14, 2012. REUTERS/Mukesh Gupta/Files

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

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