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Consumer price inflation at 9.9 percent in November

Source : REUTERS
Last Updated: Wed, Dec 12, 2012 05:51 hrs
A vendor waits for customers at a wholesale vegetable market on the outskirts of Jammu

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)




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