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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. 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. Business News | WPI Inflation Soars to 14.55 Pc in March on Rise in Fuel, Metal Prices.

India's 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.