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Consumer price inflation rises to 9.9 per cent in November

Rising for the second consecutive month, retail inflation surged 9.90 per cent in November driven mainly by rising prices of food items such as sugar, vegetables, edible oil and clothing.
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Consumer price inflation rises to 9.9 per cent in November
New Delhi:

Rising for the second consecutive month, retail inflation surged 9.90 per cent in November driven mainly by rising prices of food items such as sugar, vegetables, edible oil and clothing.

The retail inflation was 9.75 per cent in October and 9.73 per cent in September.

Food prices for consumers rose by 11.81 per cent in November from 11.43 per cent in October, Reuters reported. India's retail inflation is the highest among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa - and is above what the Reserve Bank calls its comfort level, the report added.

The highest price rise in November was seen in the oil and fats segment with an annual inflation of 17.67 per cent, as per the Consumer Price Index (CPI) data released today.

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