What's the story

India's retail inflation rose to 0.71% in November, up from October's 0.25%, provisional data released today showed. The increase of 46 basis points indicates a slight uptick in price pressures after months of subdued readings. The rise was mainly due to higher prices of vegetables, eggs, meat and fish, spices as well as fuel and light costs.

Food price trends

Food inflation remains in deflation for 6th consecutive month

Food inflation continued to be in deflation for the sixth consecutive month, but the rate of decline slowed down significantly. The Consumer Food Price Index recorded a contraction of 3.91% in November, compared to a much sharper fall of 5.02% in October. Rural food inflation was at -4.05%, while urban food inflation stood at -3.60%.

Regional impact

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