WPI inflation spikes to 8-month high of 0.26 pc in Nov on costlier veggies, onion

Wholesale price-based inflation rose to an eight-month high of 0.26 per cent in November, driven by a sharp jump in food prices, especially onion and vegetables. The WPI inflation was in the negative or deflationary zone for the past seven months since April and was at (-)0.52 per cent in October.

The last positive WPI inflation was recorded in March at 1.41 per cent.