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Wholesale price inflation (WPI) jumped to________ high of 14.23 per cent in the month of November 2021.
9-year
10-year
12-year
11-year
14-year
Correct option is 3: 12 years
The wholesale inflation for November also rose 14.23% from 12.54% in October. November 2021 was the eighth consecutive month in which wholesale inflation stayed at a double-digit level. Food prices, which contribute to nearly half of CPI, rose 1.87% in November from 0.85% in October. In the December bi-monthly meeting, RBI retained the retail inflation forecast for the fiscal year at 5.3%. Wholesale price inflation (WPI) jumped to 12-year high of 14.23 per cent in the month of November.
By: Parvesh Mehta ProfileResourcesReport error
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