Food inflation slips to 10.63%

Food inflation slips to 10.63%

New Delhi: Food price index rose 10.63% and the fuel price index climbed 15.49% in the year to 5 November, government data on Thursday showed.

The primary articles price index was up 10.39%, compared with an annual rise of 11.43% a week earlier.

Reserve Bank of India raised interest rates last month for the 13th and possibly final time in a tightening cycle that began 18 months ago, on expectations that persistently high inflation will finally begin to ease starting in December.

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