India’s retail inflation rose to 0.71 per cent in November this year on an annual basis, up from a record low of 0.25 per cent recorded in October. According to data released by the Ministry of Statistics and Programme Implementation, inflation in rural areas edged up to 0.1 per cent, and to 1.4 percent in urban regions. The food inflation rate, based on the All India Consumer Food Price Index, witnessed narrower deflation of 3.91 per cent last month as compared to deflation of five per cent recorded in October. It stayed in negative zone for the sixth consecutive month.

The corresponding food inflation rate for rural areas also decelerated to 4.05 percent. Meanwhile, deflation in urban areas moderated to 3.6 percent during last month. According to the Ministry, the decline in headline inflation and food inflation during the month of November is mainly attributed to increase in inflation of Vegetables, Egg, Meat and fish, Spices and Fuel and light.