The Economic Times

WPI inflation hits 38-month high of 3.9% in March as soaring energy, crude prices amid West Asia war drive up costs

India's wholesale inflation reached a 38-month peak of 3.9% in March. This surge was fueled by rising costs of crude oil, energy, and manufactured goods. Experts anticipate further increases due to ongoing global tensions. Supply disruptions also contributed to higher input prices across various sectors. Retail inflation also saw a slight uptick.