Wholesale Inflation rose by 0.58% In November: Government data

01:30:00 PM, Monday 16th of December 2019 | in business

According to the government data, the Wholesale Inflation rose 0.58% in the month of November. The rate of increase in wholesale prices - worsened in November compared with 0.16 percent in October. Food inflation reached 9.02% in November, as against 7.65% in the previous month, the data showed. The rate of increase in consumer prices - accelerated to a 40-month high of 5.54% in November driven by high food prices.