UK shop price inflation at lowest in a year as government advised not to burden businesses
1 year, 4 months ago

UK shop price inflation at lowest in a year as government advised not to burden businesses

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Shop price inflation has eased for the fifth consecutive month to its lowest rate since last August, figures show. Prices were 5.2 per cent higher in October than a year earlier, down from September’s 6.2 per cent, according to the British Retail Consortium -Nielsen Shop Price Index. To keep inflation heading in the right direction, it is vital that the government does not burden businesses with unnecessary new costs Helen Dickinson, British Retail Consortium Prices of children’s and baby clothing also fell as retailers continued to support families with the arrival of colder weather, the BRC said. Food inflation also slowed, to 8.8 per cent from September’s 9.9 per cent – its sixth consecutive deceleration and lowest rate since last July – while fresh food inflation slowed even further to 8.3 per cent down from 9.6 per cent a month earlier.

Food Retail Inflation Price Cent Rate Brc Shop Price  retailers  inflation  rate  lowest  cent  uk  businesses  retail  sign  burden  rates  morning  price  advised  food  shop

History of this topic

DC Edit | Will inflation fall lead to rate cut?
2 weeks, 3 days ago

DC Edit | Will inflation fall lead to rate cut?

Deccan Chronicle  

Retail inflation declined to 3.75 per cent in February 2025 for the first time in the last six months, owing to a greater-than-expected fall in vegetable prices. In terms of use-based industry classification, capital goods led the pack with 7.8 per cent growth, followed by consumer durable goods, infrastructure, primary goods, and intermediate goods. Consumer non-durable goods, or Fast-Moving Consumer …

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend
2 weeks, 3 days ago

February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend

Hindustan Times  

WASHINGTON — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January after rising 0.6% the month before. Excluding volatile …

India's retail inflation falls to lowest level in 7 months to 3.61% in February: What got cheaper & costlier?
2 weeks, 4 days ago

India's retail inflation falls to lowest level in 7 months to 3.61% in February: What got cheaper & costlier?

Hindustan Times  

India's retail inflation, or the rate at which the retail cost of products increases or decreases, has dropped by 65 basis points to 3.61%, the Ministry of Statistics and Programme Implementation said on Wednesday. India's Retail Inflation: Food inflation in India in February fell by a massive 222 points to 3.75%. Eggs, vegetables, pulses, spices, fuel and light were product …

Inflation cooled in February, but Trump's trade war threatens to raise prices
2 weeks, 4 days ago

Inflation cooled in February, but Trump's trade war threatens to raise prices

Salon  

If your wallet has whiplash from an uncertain economy, here's a bit of welcome news: Inflation eased more than expected last month. A report released by the Bureau of Labor Statistics on Wednesday showed the Consumer Price Index — a measure of average change in prices paid by consumers over time — increased by 0.2% in February, down from a …

Retail inflation likely eased further to 3.9% in February: Mint poll
2 weeks, 6 days ago

Retail inflation likely eased further to 3.9% in February: Mint poll

Live Mint  

India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. "The reversal of spikes in volatile food items and fading of one-off shocks such as in edible oil prices suggests a continued fall in headline inflation, which is …

Retail inflation likely fell below 4% in February: Report
Trending News
2 weeks, 6 days ago

Retail inflation likely fell below 4% in February: Report

India Today  

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items - which make up nearly half of the inflation …

Where inflation accelerated in January – and where it eased
1 month, 1 week ago

Where inflation accelerated in January – and where it eased

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation accelerated for many household groceries, including coffee, which …

India’s WPI Inflation Eases to 2.31% in January 2025
Trending News
1 month, 2 weeks ago

India’s WPI Inflation Eases to 2.31% in January 2025

Deccan Chronicle  

New Delhi: After a significant dip in the headline retail inflation, India’s wholesale price index or WPI-based inflation eased to 2.31 per cent January, 2025, mainly due to the decline in prices of food items, especially vegetables. As per the data, inflation in food items eased to 5.88 per cent in January, as against 8.47 per cent in December 2024. …

Wholesale price inflation eases to 2.31% in January 2025
1 month, 2 weeks ago

Wholesale price inflation eases to 2.31% in January 2025

The Hindu  

India’s wholesale price inflation eased fractionally from 2.37% in December to 2.31% in January, with a deceleration in food inflation being almost offset by an uptick in manufactured costs’ price rise pace, government data released on Friday showed. The Commerce and Industry Ministry attributed the positive rate of inflation in January, primarily to an increase in prices of manufactured food …

December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled
1 month, 2 weeks ago

December wholesale prices up a hot 0.4% as fight against inflation appears to have stalled

Associated Press  

WASHINGTON — U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024. Excluding volatile food …

Retail inflation eases to 5-month low: What it actually meant for your wallet
1 month, 2 weeks ago

Retail inflation eases to 5-month low: What it actually meant for your wallet

Hindustan Times  

How costly or cheap a product gets over time is measured by the retail inflation data that is presented by the government. The Union statistics and programme implementation ministry on February 12 released the retail inflation data for the month of January. Since retail inflation is measured by tracking the price movements of several commodities being sold across India, the …

Wholesale prices rise a hot 0.4% as fight against inflation appears to have stalled
1 month, 2 weeks ago

Wholesale prices rise a hot 0.4% as fight against inflation appears to have stalled

LA Times  

U.S. wholesale prices came in hotter than expected last month with progress against inflation appearing to have stalled, further undercutting expectations for lower interest rates this year. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% from December and 3.5% from January 2024. Excluding volatile food and energy …

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January
1 month, 2 weeks ago

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January

Deccan Chronicle  

New Delhi: The common man is likely to get some relief in their household budgets as India's headline retail inflation rate fell to a five-month low of 4.31 per cent in January, mainly due to the significant fall in the prices of vegetables and pulses that eased during the month. Meanwhile, India’s industrial output growth slowed to a 3-month low …

Retail inflation hits five-month low in January; industrial output slows in December
1 month, 2 weeks ago

Retail inflation hits five-month low in January; industrial output slows in December

Live Mint  

India's retail inflation eased to a five-month low in January, driven by a slower increase in food prices, according to provisional government data released on Wednesday. Food inflation, a persistent challenge, rose 6.02% in January compared to 8.39% annual rise in December, 9.04% in November, and 8.30% in the year-ago period. A Mint poll of 23 economists had estimated retail …

Did prices jump in January? Inflation report will provide latest update on consumer costs
1 month, 2 weeks ago

Did prices jump in January? Inflation report will provide latest update on consumer costs

Associated Press  

WASHINGTON — Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year. Wednesday’s inflation report will be closely watched to see if a recent trend that has bedeviled the inflation-fighters at the Federal Reserve will continue: In January 2024, prices jumped sharply in part because many …

Retail inflation eases to five-month low of 4.31% in January
1 month, 2 weeks ago

Retail inflation eases to five-month low of 4.31% in January

New Indian Express  

Supported by softening food prices, India's retail inflation, measured by the Consumer Price Index, eased to 4.31% in January 2025, down from 5.22% in December 2024, according to data released by the Ministry of Statistics and Programme Implementation on Tuesday. Food inflation, as measured by the Consumer Food Price Index, dropped to 6.02% in January 2025, its lowest level since …

Food prices rise at fastest pace since April as supermarket job cuts loom
2 months ago

Food prices rise at fastest pace since April as supermarket job cuts loom

Daily Mail  

Food prices rose at the fastest pace since April last year between December and January, data from the British Retail Consortium-NielsenIQ Shop Price Index shows. Inflation figures showed food prices were 1.6 per cent higher in January than a year ago, easing from 1.8 per cent in December, according to the data. Prices: Food prices rose at the fastest pace …

UK shop prices fall less quickly as retailers eye cost pressures, BRC says
2 months ago

UK shop prices fall less quickly as retailers eye cost pressures, BRC says

Live Mint  

LONDON, Jan 28 - Prices in British shops fell a bit less sharply in January than in December and food costs rose at the fastest monthly pace since April last year, according to a survey published on Tuesday. Annual shop price deflation of 0.7% this month was less than in December when prices were down by 1.0%, the sharpest drop …

Inflation matrix: On the numbers and trends
2 months, 1 week ago

Inflation matrix: On the numbers and trends

The Hindu  

In the final inflation print before the Union Budget for 2025-26 is presented, followed by the first review of the monetary policy led by the new Governor of the Reserve Bank of India in early February, the price rise faced by Indian consumers eased to 5.22% in December. Food inflation moderated from over 9% in the previous month to 8.4% …

Why has inflation fallen and why is this good news for the Government?
2 months, 2 weeks ago

Why has inflation fallen and why is this good news for the Government?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Michael Saunders, a senior policy adviser for Oxford Economics, …

Examples of where inflation eased last month – and where it accelerated
Trending News
2 months, 2 weeks ago

Examples of where inflation eased last month – and where it accelerated

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Inflation also slowed for the cost of hotels and …

Relief in the City: the new inflation rate means the BoE could cut rates as soon as next month
Trending News
2 months, 2 weeks ago

Relief in the City: the new inflation rate means the BoE could cut rates as soon as next month

The Independent  

Luck has not been with Rachel Reeves. Prices rose by 2.5 per cent in the year to December, above the Bank of England’s 2 per cent target for the Consumer Prices Index but a shade lower than the previous month’s result – and certainly below the expectations of most economists. Better still was the surprisingly sharp fall in the rate …

Unexpected respite for Starmer as UK inflation slows against predictions by economists
Trending News
2 months, 2 weeks ago

Unexpected respite for Starmer as UK inflation slows against predictions by economists

Firstpost  

The annual rate of inflation edged down to 2.5% in December from 2.6% in November, the Office for National Statistics said British inflation slowed unexpectedly last month and core measures of price growth - tracked by the Bank of England - fell more sharply, according to official data that will be welcomed by finance minister Rachel Reeves after a market …

Half of UK retailers plan to cut workforce in 2025 - and even more will raise prices
2 months, 2 weeks ago

Half of UK retailers plan to cut workforce in 2025 - and even more will raise prices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Two thirds of 52 chief financial officers surveyed for …

Wholesale inflation hits a two-month high in December but don’t just blame food
Trending News
2 months, 2 weeks ago

Wholesale inflation hits a two-month high in December but don’t just blame food

Live Mint  

New Delhi: India’s wholesale price index-based inflation climbed to a two-month high of 2.37% year-on-year in December, according to the provisional data released by the Ministry of Commerce and Industry on Tuesday. While overall food inflation slowed in December from the previous month, the prices of onion, fruits, eggs, meat and fish rose at a higher pace during the month …

Wholesale price inflation rises to 2.37% in December; all eyes on RBI’s rate decision next month
2 months, 2 weeks ago

Wholesale price inflation rises to 2.37% in December; all eyes on RBI’s rate decision next month

The Hindu  

Wholesale price inflation rose to 2.37% in December 2024, due to spike in prices of non-food articles, manufactured items as well as fuel and power, even though food items saw marginal easing, government data released on Tuesday showed. “Overall, ICRA expects the headline WPI inflation to rise further to 3 per cent in January 2025, with the uptick in crude …

India's wholesale price inflation rises to 2.37 per cent in December
Trending News
2 months, 2 weeks ago

India's wholesale price inflation rises to 2.37 per cent in December

India TV News  

Wholesale price inflation: India’s wholesale price index in December rose to 2.37 per cent from 1.89 per cent in November 2024, according to government data released by the Ministry of Commerce and Industry on Tuesday. The Wholesale Price Index based inflation was 1.89 per cent in November 2024. Inflation in food articles items to eased to 8.47 pc As per …

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices
Trending News
2 months, 2 weeks ago

Core Inflation Dips to 5.22 Percent in Dec Amid Falling Food Prices

Deccan Chronicle  

New Delhi: Bringing the Reserve Bank of India’s tolerance band back to the limit of 2- 6 per cent, India’s headline retail inflation rate, measured by the consumer price index or CPI, for December stood at 5.22 per cent, dipping marginally from 5.48 per cent in November, while the November’s CPI also fell from a 14-month high of 6.21 per …

Retail inflation eases to four-month low of 5.22%
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22%

Hindustan Times  

India’s retail inflation eased in December 2024 to a four-month low of 5.22% from a year ago, driven by cooling prices of perishable food commodities, brightening hopes of a rate cut by the central bank. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance …

India's Retail Inflation Rate Eases To 5.22 Per Cent In December, Food Inflation At 8.39 Per Cent
2 months, 2 weeks ago

India's Retail Inflation Rate Eases To 5.22 Per Cent In December, Food Inflation At 8.39 Per Cent

ABP News  

The retail inflation rate in India ease slightly in December, official data released on Monday showed. The data, released by the National Statistics Office under the Ministry of Statistics and Programme Implementation, stated that retail inflation rate, measured by the Consumer Price Index stood at 5.22 per cent in December 2024. The data showed that inflation rate for urban areas …

Retail inflation eases to four-month low of 5.22% in December 2024
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22% in December 2024

The Hindu  

India’s retail inflation eased a bit to a four-month low of 5.22% in December 2024 from 5.5% in November 2024, with food inflation cooling marginally from 9.04% in November to 8.4% last month, the National Statistics Office said on Monday. With December’s inflation print, India’s Consumer Price Inflation has averaged 5.63% in the third quarter of 2024-25, just a little …

Retail inflation eases to 4-month low of 5.22% in December
2 months, 2 weeks ago

Retail inflation eases to 4-month low of 5.22% in December

India Today  

India’s retail inflation dipped to a four-month low of 5.22% in December 2024, driven by a slowdown in food price increases, according to data released by the Ministry of Statistics and Programme Implementation. STATE-WISE INFLATION TRENDS Inflation rates varied across states, with 13 out of 22 states reporting inflation above the national average of 5.22% in December. RBI HOLDS STEADY …

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22 per cent in December amid falling food prices

India TV News  

India’s retail inflation rate, measured by the Consumer Price Index slowed to a four-month low of 5.22 per cent in December compared to 5.48 per cent in November, mainly due to the easing of prices in food basket, according to government data released on Monday. The inflation based on Consumer Price Index was 5.48 per cent in November and 5.69 …

Britain spends £13bn on festive party at supermarkets – but inflation leaves nasty hangover
2 months, 3 weeks ago

Britain spends £13bn on festive party at supermarkets – but inflation leaves nasty hangover

The Independent  

In defiance of winter skies and economic gloom, Britons ate, drank and were merry over Christmas – pouring a staggering £13bn into grocers’ tills over the four weeks to 29 December. In the three months to December – the “golden quarter” in which retailers make their money – sales growth was a dismal 0.4 per cent year on year. food …

U.S. consumer spending rises in November; monthly inflation subsides
3 months, 1 week ago

U.S. consumer spending rises in November; monthly inflation subsides

The Hindu  

U.S. consumer spending increased in November, underscoring the economy's enduring strength, which prompted the Federal Reserve this week to project fewer interest rate cuts in 2025 than it had three months ago. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month after a downwardly revised 0.3% gain in October, the Commerce Department's Bureau …

Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 months, 1 week ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

LA Times  

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known as the …

Where inflation accelerated in November – and where it eased
3 months, 1 week ago

Where inflation accelerated in November – and where it eased

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Some products swung the other way last month, from …

UK inflation increases as cigarettes and petrol drive price rises
3 months, 1 week ago

UK inflation increases as cigarettes and petrol drive price rises

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Chancellor of the Exchequer Rachel Reeves said the figures are a “reminder that for …

U.K. Inflation rises further above Bank of England's target in November
3 months, 1 week ago

U.K. Inflation rises further above Bank of England's target in November

The Hindu  

Inflation in the U.K. has risen to its highest level since March, driven by an increase in fuel prices last month, official figures showed on Wednesday. Rate-setters had anticipated a pick-up in inflation when the central bank last cut rates in early November as price pressures eased earlier in the year — in September, inflation had fallen to its lowest …

UK inflation increase solidifies expectations interest rates will be kept on hold
3 months, 1 week ago

UK inflation increase solidifies expectations interest rates will be kept on hold

Associated Press  

LONDON — Inflation in the U.K. rose to its highest level in eight months during November, official figures showed Wednesday, a development that has cemented market expectations that the Bank of England will opt against cutting borrowing costs this week. It said stubbornly high inflation in the crucial services sector, which accounts for around 80% of the U.K. economy, and …

Inflation rises AGAIN to its highest level since March: Price rises hit 2.6 per cent driven by spikes in the cost of petrol and fags to increase pressure on Chancellor Rachel Reeves
Trending News
3 months, 1 week ago

Inflation rises AGAIN to its highest level since March: Price rises hit 2.6 per cent driven by spikes in the cost of petrol and fags to increase pressure on Chancellor Rachel Reeves

Daily Mail  

Inflation rose for the second month in a row in November, hitting 2.6 per cent to further increase pressure on Labour Chancellor Rachel Reeves over her Budget's impact on the country. Spikes in petrol and tobacco prices drove CPI to 2.6 per cent, up from 2.3 per cent in October, the Office for National Statistics said. Ms Reeves said: 'I …

UK inflation likely to rise again as cigarette and petrol prices tick up
3 months, 1 week ago

UK inflation likely to rise again as cigarette and petrol prices tick up

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The rate of price rises …

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
3 months, 2 weeks ago

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

Deccan Chronicle  

New Delhi: With the decline of prices of food items, especially vegetables and onions, India’s wholesale price index or WPI-based inflation fell to a three-month low of 1.89 per cent in November, down from 2.36 per cent in October, while the WPI-based inflation stood at 0.39 per cent in November last year, the government data showed on Monday. As per …

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
3 months, 2 weeks ago

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October

Firstpost  

Headline retail inflation, the key target for the Reserve Bank of India’s monetary policy decisions, eased to 5.48% in November, down from 6.21% in the prior month India’s wholesale inflation slowed in November to 1.89% year-on-year, easing from the previous month, due to a smaller increase in food prices, government data showed on Monday. The wholesale inflation rate, a proxy …

WPI inflation drops to 2.36% in October 2024, food prices ease in November
3 months, 2 weeks ago

WPI inflation drops to 2.36% in October 2024, food prices ease in November

Hindustan Times  

Wholesale price inflation eased to 1.89 per cent in November, as prices of food items, especially vegetables turned cheaper, as per the government data released on Monday. The Wholesale Price Index based inflation was 2.36 per cent in October 2024. As per the data, inflation in food items eased to 8.63 per cent in November, as against 13.54 per cent …

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
3 months, 2 weeks ago

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%

The Hindu  

India’s wholesale prices rose at a three-month low pace of 1.89% in November, easing from October’s 2.4% uptick, with food price inflation decelerating to 8.9% from a 25-month high of 11.6% in the previous month, even as manufactured products’ inflation accelerated to 2%. EDITORIAL | Price worries: On inflation Among manufactured products, some of the important groups that showed month-over-month …

US wholesale inflation accelerated in November in sign that some price pressures remain elevated
3 months, 2 weeks ago

US wholesale inflation accelerated in November in sign that some price pressures remain elevated

Associated Press  

WASHINGTON — Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — rose 0.4% …

Retail inflation slows down in November
3 months, 2 weeks ago

Retail inflation slows down in November

Deccan Chronicle  

New Delhi: With the significant easing of food prices, especially vegetables, India’s retail inflation slowed to 5.48 per cent in November as compared to 6.21 per cent in October. “But the CPI-based headline inflation increased from an average of 3.6 per cent during July-August to 5.5 per cent in September and further to 6.2 per cent in October 2024, the …

Consumer inflation moderates slightly to 5.5% in November
3 months, 2 weeks ago

Consumer inflation moderates slightly to 5.5% in November

The Hindu  

India’s retail inflation cooled slightly to 5.5% in November from a 14-month high of 6.2% in October, but remained significantly elevated for rural consumers at 5.95%, while dropping to 4.8% for their urban counterparts. “The decline in inflation in November 2024 is mainly due to decline in inflation in ‘food & beverages’ group,” the National Statistics Office said, pointing to …

Retail inflation slows slightly at 5.48%
3 months, 2 weeks ago

Retail inflation slows slightly at 5.48%

Hindustan Times  

Retail inflation rose to 5.48% last month, a slower pace of increase compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation showed on Thursday. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance level, with two percentage points of …

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