Data released by the Reserve Bank of India has revealed that the wholesale inflation has rose in the country in November month. As per data Wholesale Inflation – or rate of increase in the wholesale price- has rose by 0.58% . In October it was only 0.16%. The wholesale inflation is measured by Wholesale Price Index(WPI).
Food inflation based on the WPI Food Index is at 9.02% in the last mont compared to the 7.65% in the October.
The Consumer inflation which is based on the rate of increase in the consumer price is appreciated to a 40-month high at 5.54%.
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