INSUBCONTINENT EXCLUSIVE:
The overall rate of inflation as measured by the National Consumer Price Index (NCPI) on Year-on-Year basis was recorded at 2.8% for the
comparison to the NCPI-based inflation of 1.0% recorded in October 2023.Meanwhile, the Food-Inflation in November 2023 increased from -5.2
to -2.2% from October to November 2023, while the non-food inflation increased to 7.1% from 6.3% which was recorded in the month of
October.The NCPI for all items for the month of November 2023 is 206.0, which is an increase of 2.4 index points or 1.19 percentage compared
to October 2023 for which the index was 203.6
This increase represents an increase in expenditure value of Rs
(0.06%), Big onions (0.06% ), Green chilies (0.06%), Red onions (0.05%), Limes (0.03% ), Coconut oil (0.02%), Potatoes (0.02%), Mysore dhal
(0.01%), Tea dust/leaves (0.01%) and Fresh fruits (0.01% )
However, decreases in index values were reported for Fresh fish (0.19%), Chicken (0.08% ), Dried fish (0.07%), Eggs (0.07%), Green gram
(0.02%) and Chili powder (0.01%).The increases in index values of non-food groups in November 2023 compared to the previous month was mainly
