Discuss the trend of retail inflation in the last few months across multi commodities.
India's retail inflation surged to the highest in over three years in November, led by a steep rise in prices of vegetables, such as onions, and pulses.
Consumer Price Index inflation jumped to 5.54 percent in November 2019 compared to 4.62 percent in October, according to data released by the Ministry of Statistics and Program Implementation on Thursday.
Rural inflation stood at 5.3 percent in November 2019 as against 4.3 percent in October 2019. Inflation in urban areas stood at 5.8 percent, compared to 5.1 percent the previous month.
The consumer food price index rose by 10 percent as against 7.9 percent last month Vegetable inflation surged 36 percent over last year. The increase in vegetable inflation in urban areas was teeper at 49 percent compared to a 30 percent increase in rural areas.
Pulses saw a 10 percent increase in prices over last year and the meats categories saw a 9.4 percent increase. Clothing and footwear inflation was at 1.28 percent compared to 1.7 percent in October. Housing inflation stood at 4.49 percent in November compared to 4.6 percent in October.
