India’s headline CPI inflation rose to +0.71% YoY in November 2025 (from +0.25% in October), reflecting a broad-based uptick led by food and fuel prices.

• Headline CPI increased by +46 bps MoM, reversing October’s mild reading and marking a higher inflation print across both rural and urban areas.

• Food inflation (CFPI) stood at -3.91% YoY, up +111 bps MoM from October, with higher prices for vegetables, egg, meat and fish, spices, and fuel contributing to the increase.

• Rural headline inflation rose to +0.10% YoY (from -0.25%), while rural food inflation increased to -4.05% YoY (from -4.85%), indicating firmer price pressures in rural consumption baskets.

• Urban headline inflation accelerated to +1.40% YoY (from +0.88%), alongside an increase in urban food inflation to -3.60% YoY (from -5.18%).

• Housing inflation was broadly unchanged at +2.95% YoY (vs +2.96%), remaining stable within the urban-only housing index.

• Education inflation eased to +3.38% YoY (from +3.54%) and health inflation moderated to +3.60% YoY (from +3.81%), showing slight cooling in these service components.

• Transport and communication inflation slowed to +0.88% YoY (from +0.94%), while fuel and light inflation rose to +2.32% YoY (from +1.98%), adding to the upward pressure on the headline rate.