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The Wholesale Price Index (WPI) based inflation has been in the double-digit for 14 months in a row.

The ministry added that the on-month change in WPI index for the month of May stood at 1.38 per cent, compared to April, 2022.

The Wholesale Price Index (WPI) based inflation has been in the double-digit for 14 months in a row. The WPI-based inflation stood at 15.08 per cent in April and 14.55 per cent in the previous month.

Indias wholesale price inflation at 15.08% in April as food prices rise

Wholesale inflation in India surged to 15.08 per cent in April from 14.55 per cent in the previous month due to a sharp jump in the prices of fuel, metal, food and non-food articles and chemical products, government data showed on Tuesday.

Wholesale inflation surges to record high of 15.08% in April - Last year, the WPI-based inflation stood at 10.74 per cent in April 2021.

New Delhi, April 18: India’s inflation based on the Wholesale Price Index (WPI) surged to 14.55 per cent in March from 13.11 per cent recorded in the previous month on rising crude oil, natural gas, mineral oils and basic metals prices due to the disruptions caused by the Russia-Ukraine conflict, the government data showed on Monday. The wholesale price-based inflation in March is the highest in four months. It is almost double from 7.89 per cent recorded in March 2021. […]

Get latest articles and stories on Business at LatestLY. Indias inflation based on the Wholesale Price Index (WPI) surged to 14.55 per cent in March from 13.11 per cent recorded in the previous month on rising crude oil, natural gas, mineral oils and basic metals prices due to the disruptions caused by the Russia-Ukraine conflict, the government data showed on Monday. Business News | WPI Inflation Soars to 14.55 Pc in March on Rise in Fuel, Metal Prices.

Indias wholesale price inflation zooms to 13.11% in February

He also noted that this is due to statistical reasons like the base effect, which has led to higher inflation especially in Q3.