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The WPI inflation was in the negative zone for the past seven months and was at (-) 0.52 per cent in October.
”Positive rate of inflation in November, 2023 is primarily due to increase in prices of food articles, minerals, machinery & equipment, computer, electronics & optical products, motor vehicles, other transport equipment and other manufacturing etc,” the Commerce and Industry Ministry said in a statement.
Food inflation rose to 8.18 per cent in November, from 2.53 per cent in October.
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The Reserve Bank in its bi-monthly monetary policy last week, held interest rates steady and flagged risks of rising food inflation in November and December.