Retail inflation rises to 4.48 percent in October

New Delhi: Retail inflation based on Consumer Price Index, CPI, has risen to a three-month high of 4.91 percent in November this year. As per the Ministry of Statistics and Programme Implementation data released yesterday, this is the fifth month that the retail inflation has remained within the RBI's target band of 2-6 percent.

The CPI inflation in rural India stood at 4.29 percent and 5.54 percent in



urban areas in the review period of last month.

The retail inflation had risen to 4.48 percent in October from 4.35 percent in September.

RBI maintains retail inflation at four percent with a margin of 2 percent on either side. After five months, the CPI data in May has overshot the Reserve Bank's upper margin of 6 percent.