Published By: Mohammad Haris
Last Updated: December 12, 2023, 17:41 IST
Official inflation information for November 2023 has been launched.
Retail Inflation In November 2023, IIP in October 2023: Though the 5.55 per cent CPI inflation is way from the RBI’s medium-time period goal stage of 4 per cent, it’s throughout the tolerance restrict of 2-6 per cent
India’s retail inflation, based mostly on the Consumer Price Index (CPI), in November 2023 elevated to five.55 per cent, in line with the most recent official information launched on Tuesday. Though the 5.55 per cent CPI inflation is way from the RBI’s medium-time period goal stage of 4 per cent, it’s throughout the tolerance restrict of 2-6 per cent.
Meanwhile, India’s industrial output, based mostly on IIP, progress stood at a 16-month excessive of 11.7 per cent in October 2023, in line with the most recent official information launched individually.
The retail inflation in the nation had stood at 4.87 per cent in October 2023, which was the bottom stage in 5 months.
