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Consumer inflation edges higher in November as non-food prices firm up
Retail inflation rose to 0.71% in November, driven by non-food components, while food prices stayed in deflation, reinforcing expectations of a stable monetary policy stance amid controlled price pressures.
India’s retail inflation moved up to 0.71% in November, reflecting rising prices in non-food categories even as food items continued to remain in deflation. Lower vegetable and cereal prices helped keep overall inflation subdued, offering relief to households. Economists noted that the data supports a stable policy outlook, with price pressures largely contained despite global volatility and currency-related risks.