November Consumer Price Index pegged at 5.41 percent

Q.  As per the government data, CPI has come in higher in the month of November, at the value ____.
- Published on 15 Dec 15

a. 5.21%
b. 5.31%
c. 5.41%
d. 5.51%

ANSWER: 5.41%
 
The Consumer Price Index for the month of November was pegged at 5.41 percent as against 5% month on month driven by rise in food inflation. Food inflation was pegged at 6.07% as against 5.25% MoM. Upside surprise in food inflation must not be generalised according to economists. The CPI running lower than RBI estimates could increase to 5.5% going forward.

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