India Inflation November 2023

India: Inflation increases in November

Inflation came in at 5.6% in November, which was up from October’s 4.9%. Looking at the details of the release, prices for food and beverages rose at a quicker pace in November, although prices for fuel and light fell at a quicker rate.

The trend was unchanged, with annual average inflation coming in at October’s 5.7% in November.

Lastly, consumer prices rose 0.54% in November over the previous month, moderating from October’s 0.65% rise.

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