Wholesale inflation hits 8-month high of 3.93% in November
Inflation based on the Wholesale Price Index (WPI) accelerated to an eight-month high of 3.93% in November as compared to 3.59% in October, government data showed. While the inflation for fuel and power is 8.8%, food prices index rose 6.06%. The data released earlier this week also showed that retail inflation jumped to a 15-month high of 4.88% in November.