India’s retail inflation eased in November, with headline CPI printing at 0.71%, lower than the CNBC-TV18 poll estimate of 0.8%. The print, however, was higher than October’s 0.25% month-on-month reading.
Food inflation stayed in deflation for the sixth consecutive month, though the rate of decline slowed considerably.
Food inflation remained firmly in deflation at –3.91%, compared with expectations of –3.5% and versus –5.02% in October. The moderation of food deflation by 111 basis points suggests rising costs for key essentials, particularly perishables.
Vegetables continued to drag the food basket, with inflation at –22.2% compared with –27.57% month-on-month. Pulses inflation stayed negative at –15.86%, against –16.15% previously.
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Overall, inflation picked up in both rural and urban areas in November. Rural inflation rose to 0.10% from –0.25% in October, while urban inflation climbed to 1.40% from 0.88%.
Fuel and light inflation increased to 2.32% versus 1.98%, while housing inflation was largely unchanged at 2.95%. Clothing and footwear inflation moderated to 1.49% from 1.70% month-on-month.
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First Published: Dec 12, 2025 4:20 PM IST
