New Delhi: India’s headline inflation has come down to 5.85% in November from 8.39% in October last year, the central government said.
Inflation increased over the same month last year due to rise in prices of mineral oils, foodstuff, crude petroleum and natural gas, chemicals and chemical products, base metals, electricity, textiles etc.
Meanwhile, India’s headline inflation has come down to 5.85% in November from 8.39% in October. The inflation rate was 6.77% last November.
For the last 18 months from April 2021 to September 2022, the CPI was above double digits. Headline inflation fell below double digits for the second time since March 2021, when it was 7.89 percent.
Apart from machinery and equipment, prices of mineral oils, base metals and metal products also fell due to this fall in inflation rate.
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