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Asian Economic News

India's Consumer Price Inflation Slows More Than Expected

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

India's consumer price inflation slowed more than expected in November, data from the National Statistical Office showed Tuesday.

Inflation slowed to 6.93 percent in November from 7.61 percent in October. The rate was forecast to moderate to 7.1 percent.

Likewise, food price inflation eased to 9.43 percent from 11 percent a month ago.

On a monthly basis, consumer prices gained 0.32 percent and the consumer food price index climbed 0.24 percent in November.

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