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Inflation jumps to 4.78% in November

Inflation jumped to 4.78 per cent in November, driven by rising prices of essential food items like pulses, fruits and vegetables. - Even as sales recover, retailers continue working on costs - India"s rice production seen upward at 84.5 MT: USDA - Govt in discreet talks with 3 countries to import rice - Rajeev Malik : Go easy on that exit">Rajeev Malik : Go easy on that exit - Hershey, charitable trust nears decision over Cadbury: report - Food inflation rises to 19% The monthly inflation data released here today showed inflation in the month rose from 1.34 per cent in October. Inflation was 8.48 per cent in November in the previous fiscal. Among the food items which became dearer during the month were urad (24 per cent), moong (14 per cent) and chicken (10 per cent). Driven by rising prices of potato and onion, fruits and vegetables became costlier by 3 per cent. Processed food, skimmed milk powder became expensive by 15 per cent, oil cakes 12 per cent and coffee powder and sugar by 3 per cent each.

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