CPI inflation for November 2025 stood at 0.71% (Y-o-Y), staying below the lower bound of RBI’s mandated inflation target range: PHDCCI

Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of November, 2025 over November, 2024 stood at 0.71% (Provisional), according to the data released by the Ministry of Statistics & Programme Implementation, still staying below the lower bound of the Reserve Bank of India target range of 2–6%, said  Rajeev Juneja, President, PHDCCI, in a press statement issued here today.

CPI inflation for November 2025 stood at 0.71% (Y-o-Y), staying below the lower bound of RBI’s mandated inflation target range: PHDCCI

New Delhi, December 12, 2025: Year-on-year inflation rate based on All India Consumer Price Index (CPI) for the month of November, 2025 over November, 2024 stood at 0.71% (Provisional), according to the data released by the Ministry of Statistics & Programme Implementation, still staying below the lower bound of the Reserve Bank of India target range of 2–6%, said  Rajeev Juneja, President, PHDCCI, in a press statement issued here today.
The marginal increase in CPI inflation is mainly attributed to rise in food and fuel and light prices, said Mr. Rajeev Juneja. He added, “Food inflation during the month of November, 2025 is mainly due to moderate increase in prices of Vegetables, Egg, Meat and fish, Spices.”
Over the next two quarters, we anticipate that India's inflation will stay within a manageable range on the back of benign food prices, GST rates rationalisation, reasonable energy prices, and Reserve Bank of India's strategic monetary management, said Dr. Ranjeet Mehta, CEO & Secretary General, PHDCCI.