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The Economic Times

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Wholesale inflation hits 42-month high of 8.3% in April

India's wholesale inflation reached an 8.3% peak in April, a 42-month high. Rising fuel, power, and crude oil prices fueled this surge. Experts predict inflation may climb further in May. Disruptions in West Asia and potential El Nino effects are key concerns. Consumers are shielded from retail fuel price hikes, but commercial LPG costs increased.

14 May 2026 1:51 pm