November WPI inflation hits 12-year high of 14.23% y/y

India`s annual wholesale price-based inflation accelerated to 14.23% in November, its highest in at least 12 years, boosted by bigger hikes in prices of fuel and food, government data showed on Tuesday.

See Zee Business Live TV Streaming Below:

November`s figure was up from 12.54% the previous month, as fuel and power prices rose 39.81% on the year versus 37.18% in October, while manufactured product prices rose 11.92%, against 12.04% in the prior month.