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Just In: India’s CPI-inflation quickens to 11.24% in November; way above street's expectation

12 Dec 2013 Evaluate

Adding to the hardships of the policy makers' whose focus remains on controlling inflation, the provisional annual inflation rate based on all India general Consumer Price Index (CPI) (Combined) for November 2013 on point to point basis (November 2013 over November 2012, stood way above the street's expectation at 11.24%, as compared to 10.17% (final) for the previous month of October 2013. The corresponding provisional inflation rates for rural and urban areas for November 2013 stood at 11.74% and 10.53% as against 10.19% and 10.20% in October respectively.

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