Retail inflation quickens for 4th month to 5.41% in Nov | business | Hindustan Times
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Retail inflation quickens for 4th month to 5.41% in Nov

The annual consumer price inflation accelerated to 5.41% in November, picking up pace for the fourth straight month, government data showed on Monday

business Updated: Dec 14, 2015 21:03 IST
The wholesale prices fell for a 13th straight month in November, but a sharp pickup in food prices and a pending wage hike for millions of government employees are likely to keep policymakers worried about potential inflationary risks
The wholesale prices fell for a 13th straight month in November, but a sharp pickup in food prices and a pending wage hike for millions of government employees are likely to keep policymakers worried about potential inflationary risks(File Photo)

The annual consumer price inflation accelerated to 5.41% in November, picking up pace for the fourth straight month, government data showed on Monday.

Retail food inflation in November came in at 6.07%, sharply higher than 5.25% recorded a month ago.

The wholesale prices fell for a 13th straight month in November, but a sharp pickup in food prices and a pending wage hike for millions of government employees are likely to keep policymakers worried about potential inflationary risks.

The wholesale price index (WPI) declined an annual 1.99% last month, driven down by tumbling oil prices, government data showed on Monday.