India's WPI inflation hits 42-month high of 8.3%
after close1 source ↓written by the desknot a recommendation
- in April
- 8.3%
- the highest
- 42 months
- in March
- 3.88%
- inflation soared
- 24.71%
India's wholesale price index (WPI) inflation surged to 8.3% in April, the highest in 42 months, up from 3.88% in March. The increase was driven by rising prices in mineral oils, crude petroleum, and basic metals. Fuel and power inflation soared to 24.71%, indicating significant input cost pressures that may impact market sentiment.
Not investment advice. For informational purposes only.