What are the long-term reasons for an inflation spike in India is a question to ask when the latest print for Wholesale Price Inflation (WPI) reads a record 14.23 per cent for November 2021.

       Instead of tracking monthly gyrations, these trends could also provide vital clues to the finance minister, her team at the North Block, and Parliamentarians of all shades, and also inform the householder how long and difficult the price rise could be. For instance, while the reasons for the highest ever WPI (since the new series began) seem to be vegetables and fruits in primary articles and ...