India’s inflation quickened for the primary time in 4 months as meals costs climbed, giving the central financial institution motive to maintain rates of interest increased for longer.

The client worth index rose 5.5% in November from a yr earlier, statistics ministry information confirmed Tuesday, decrease than the 5.78% median estimate in a Bloomberg survey of economists. Inflation picked up from 4.87% in October, shifting additional away from the central financial institution’s 4% goal.