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The Times of India

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Retail inflation eases to 11-month low of 5.88% in November

Inflation RBI Shaktikanta Das Michael Patra New Delhi

NEW DELHI: Retail inflation based on consumer price index (CPI) eased to 11-month low of 5.88% in November, data released by the government showed on Monday.

This is the first time since the beginning of this year that inflation numbers have remained within Reserve Bank of India's (RBI) tolerance band of 2-6%. The RBI has been tasked by the government to keep inflation within 2-4% range, with a margin of 2% on each side.

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