BUSINESS

Consumer price inflation at 9.9 percent in November

By Arup Roychoudhury
December 12, 2012 11:40 IST

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.

Arup Roychoudhury in New Delhi
Source: REUTERS
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