India's retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.
Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting.
New Delhi [India], Dec 12 (ANI): The retail inflation in November accelerated to 5.54 per cent due to higher prices of food items, government data showed on Thursday.