Categories: Economy

Wholesale inflation surges to 14.23% in November

Producers’ inflation based on the Wholesale Price Index (WPI) has reached an all-time high in the current series at 14.23 per cent in November. This is the eighth successive month of double digits WPI (mainly due to the hardening of prices of mineral oils, basic metals, crude petroleum and natural gas). Wholesale Price-based Index (WPI) inflation base year is 2011-12. Also, the spike is highest since April 2005.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.