India's November CPI Rises to 0.71%, Below Estimates But Higher MoM

• India's November CPI rose to 0.71%, exceeding October's 0.25% but falling short of the 0.8% estimate.
• Food inflation remained in deflation for the sixth consecutive month at -3.91%, though the rate of decline slowed.
• Rural inflation increased to 0.10% and urban inflation climbed to 1.40% in November.
• Fuel and light inflation rose to 2.32%, while clothing and footwear inflation moderated.
• An economist suggests potential for another 25bps rate cut, with FY26 CPI likely to undershoot RBI's estimate.

Why It Matters: Inflation data hints at potential RBI rate cuts, affecting your loans and savings.