WPI inflation at record high of 15.08% in April on price rise of items
Wholesale price-based inflation has risen to 15.08% in April on rising prices across segments from food to commodities. The WPI-based inflation was 14.55% in March 2022 and 10.74% in April 2021.
Reason: Due to the rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products etc.
The WPI inflation has remained double-digit for the 13th consecutive month since April 2021.
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