MUMBAI (Reuters) - India's annual consumer price inflation accelerated to 5.41 percent in November, picking up pace for the fourth straight month, government data showed on Monday.
The data was almost in line with the forecast from economists polled by Reuters.
COMMENTARY
A PRASANNA, ECONOMIST, ICICI SECURITIES PRIMARY DEALERSHIP LTD, MUMBAI
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"Both headline and core inflation are as expected. The overall trajectory has remained the same for 2015/16 and we expect CPI inflation at around 5.75-5.80 percent in the January-March quarter, in line with RBI's estimate.
"Given that food inflation has become volatile, core inflation slowing on a sequential basis will give some comfort to the RBI."
(Reporting by Suvashree Dey Choudhury; Editing by Rafael Nam)
