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Macroeconomic News

TABLE-India's Nov retail inflation jumps on housing, energy costs

Wed, 12th Dec 2012 06:54

Dec 12 (Reuters) - India's annual consumer price inflation accelerated to
9.90 percent in November from 9.75

percent in the previous month, mainly driven by housing and

energy prices, government data showed on Wednesday.

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 of India (RBI) calls its

comfort level.

Food prices for consumers rose by 11.81 percent in November

from 11.43 percent in October.



SUB INDEX (Weighting) Nov Oct Pct change

Pct 2012 2012

FOOD ITEMS 49.71 127.3 127.0 +0.24

FUEL AND ELECTRICITY 9.49 128.4 127.7 +0.55

HOUSING 9.77 122.4 121.6 +0.66


AND FOOTWEAR 4.73 134.3 132.9 +1.05

SERVICES (MISC) 26.31 120.3 119.7 +0.5


Note: Weighting figures are rounded off.

Source: Ministry of Statistics and Programme Implementation.


(Compiled by Manoj Kumar in NEW DELHI; Editing by Jijo Jacob)


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