New Delhi (PTI). In November 2021, inflation based on the Consumer Price Index (CPI) stood at 4.91 percent. At the same time, in December 2020, the retail inflation rate was at 4.59 percent. According to the data released by the National Statistical Office (NSO), food inflation rose to 4.05 per cent in December of the current financial year. It was at 1.87 per cent in the previous month.
Inflation may increase further
The bi-monthly policies of the Reserve Bank of India (RBI) have a special impact on retail inflation. It is feared that inflation will increase further in the coming times. This happens because of the adverse effect of basic things. According to RBI, it is expected that inflation will be at its peak in the fourth quarter of the current financial year. After that inflation will come down.