Demonetisation cools retail inflation to 3.63% in November
Demonetisation cools retail inflation to 3.63% in November
India's Consumer Price Index (CPI), or retail inflation, in the month of November eased to 3.63% on year-on-year basis as compared to 5.20% during the same period last year. In October 2016, CPI stood at 4.20%, said Ministry of Statistics and Programme Implementation (MOSPI) on Tuesday.
Rural CPI in November stood at 4.13% as against 5.95% in November 2015 and 4.78% in the month of October this year. Urban CPI in November stood at 3.05% as against 4.71% during the same period last year and 3.54% in the month of October.
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