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This is the highest one-time increase in the prices of medicines under the price control regime since the NPPA came into being in 1997.
The WPI for November was 5.85% year-on-year, government data showed on Wednesday, lower than a Reuters analysts' average forecast of 6.50% and 8.39% recorded in the previous month.
Since April 2021, WPI inflation remained in double digits for 18 months with September print at 10.79 per cent.
September is the 18th consecutive month of double-digit WPI inflation.
However, it is a boon for the exporters as they receive more rupees in exchange for dollars.
The WPI inflation has remained in double digit for the 13th consecutive month since April last year.
As per the government data released on Monday, WPI inflation has remained in double digits for the 12th consecutive month beginning April 2021.
This is the highest one-time increase in the prices of medicines under price control regime, since the NPPA came into being in 1997.
WPI inflation has remained in double digits for the tenth consecutive month beginning April 2021. Inflation in December 2021 was 13.56 per cent, while in January 2021, it was 2.51 per cent.
The Economic Survey tabled by the Finance Minister stated that economic activity has recovered to pre-pandemic level.