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Retail inflation rate rises to 4.91% in November 2021

The CPI-based inflation rate has increased on a sequential basis. It was 4.48 percent in October 2021.

December 13, 2021 / 06:10 PM IST
The uptick in inflation was led by vegetable prices (Representative image)

The uptick in inflation was led by vegetable prices (Representative image)

The country's retail inflation rate, which is measured by the Consumer Price Index (CPI), rose to 4.91 percent during the month of November 2021, as per the data released by the Ministry of Statistics and Programme Implementation (MoSPI) on December 13.

The inflation has increased sequentially, as it was recorded at 4.48 percent in October 2021. Year-on-year, however, a dip has been registered as the rate of inflation in November 2020 was 6.93 percent.

The uptick on sequential basis was led by an increase in food prices, particularly vegetables, the government data showed. The overall Consumer Food Price Index (CFPI) rose to 1.87 percent, as compared to 0.85 percent in the preceding month.

Both, the CFPI and CPI-based inflation in November was higher in urban parts of the country as compared to their rural counterparts.