India's retail inflation hits 11-month low in November, at 5.88 per cent

New Delhi [India], December 12 (ANI): India's retail inflation rate based on Consumer Price Index declined to 5.88 per cent in November from 6.77 per cent during the previous month, according to data released on Monday by the ministry of statistics.

This essentially means retail inflation in India is now at an 11-month low and it declined below 6 per cent, which is in RBI's comfort zone.

The central bank had so far alread