---
title: "What is the Retail inflation based on Consumer Price Index recorded in November?"  
description: "What is the Retail inflation based on Consumer Price Index recorded in November?"  
author: "Lily Chitlangiya"  
published: 2022-02-21  
canonical: https://answers.mindstick.com/qa/95952/what-is-the-retail-inflation-based-on-consumer-price-index-recorded-in-november  
category: "current affair"  
tags: ["current affair", "consumer price index"]  
reading_time: 2 minutes  

---

# What is the Retail inflation based on Consumer Price Index recorded in November?

What is the [Retail](https://www.mindstick.com/articles/336610/ai-shaping-the-future-of-indian-economy) [inflation](https://www.mindstick.com/news/1887/bank-of-canada-explained-about-higher-the-interest-rates-lower-cost-of-living) based on [Consumer](https://www.mindstick.com/news/2207/google-claims-it-will-examine-the-rs-1-337-billion-penalty-judgement-from-cci) Price [Index](https://www.mindstick.com/blog/357/top-with-index-and-order-of-result-set-in-sql-server) recorded in November?

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## Answers

### Answer by Stuti Gupta

> **Retail inflation depending on customer price index (CPI) increased to 5.59 percent in December, according to official figures issued on Wednesday. In November, the rate of inflation was 4.91 percent.**

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**Food costs**, which account for roughly half of the CPI, increased 4.05 percent every year in **December**, compared to 1.87 percent the previous month. Prices for **edible oil** increased by approximately one-fourth year on year. As per the numbers, **commercial oil prices** grew 10.95 percent each year in December, in comparison to 13.35 percent the prior month. \
![What is the Retail inflation based on Consumer Price Index recorded in November?](https://answers.mindstick.com/questionanswer/74a29cb7-9b9d-4b45-a0c1-25f40e0fc9dd/images/eb4435e7-c599-469c-84e9-be1e82fcbbe5.jpeg)\
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According to three experts, annual core inflation, **eliminating volatile food and energy costs,** was predicted to be around 6 percent and 6.01 percent in **December**, up from 6.08 percent to 6.2 percent the previous month. Furthermore, **prices for fuel and light, textiles and apparel, grains, dairy products, oils, and fats increased** in December. When determining its bi-monthly policy, the **Reserve Bank of India (RBI)** primarily considers retail inflation.


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