India's retail inflation eases to within RBI target but industrial activity contracts3 min read . Updated: 12 Dec 2022, 06:52 PM IST
- India's annual retail inflation came within the RBI's tolerance band of 2-6% for the first time this year in November
India's retail inflation, which is measured by the Consumer Price Index (CPI), eased sharply to 11-month low of 5.88% on an annual basis in November from 6.77% in October, 2022 amid cooling global commodity prices and higher borrowing costs. The number came within the Reserve Bank of India's (RBI) tolerance band of 2-6% for the first time this year.
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