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, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.