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Category :
Economy
Headline :
India’s WPI inflation surges to 15.08% in April: Govt data
Date:
17/05/2022 12:52
The wholesale inflation across the country rose to 15.08 per cent in April, data released by the Ministry of Commerce & Industry showed.
The wholesale price index (WPI) grew 14.55 per cent during the month of March, while the WPI for February was revised to 13.11 per cent from 13.43 per cent, the data showed. The WPI in April 2021 was at 10.74 per cent.
The WPI inflation has remained in the double digits for the 13th consecutive month starting from April 2021.
The rise in wholesale inflation in April comes after data released on May 12 showed the more closely tracked headline retail inflation rate based on the Consumer Price Index (CPI) jumped to 7.79 percent in April - the highest since May 2014, or 95 months.
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