New Delhi, Dec 14: India’s annual rate of inflation based on wholesale prices stood at 3.93 per cent for the month of November, official data showed here on Thursday.
According to data from the Ministry of Commerce and Industry, the wholesale price index (WPI), with the revised base year of 2011-12, stood at 3.93 per cent (provisional) for the month of November, 2017 as compared to 3.59 per cent (provisional) for the previous month and 1.82 per cent during the corresponding month of the previous year.
Inflation at the wholesale level rose to 6-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September.
In October last year, it was 1.27 per cent. Last month’s inflation was the highest since April, when it was 3.85 per cent. The government data released today showed that inflation in food articles more than doubled to 4.30 per cent in October.