India's April wholesale price inflation accelerates to 15.08%
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MONDAY, JANUARY 30, 2023
India's April wholesale price inflation accelerates to 15.08%

Global Economy

Reuters
17 May, 2022, 01:05 pm
Last modified: 18 May, 2022, 01:02 pm

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India's April wholesale price inflation accelerates to 15.08%

Reuters
17 May, 2022, 01:05 pm
Last modified: 18 May, 2022, 01:02 pm
Photo: AFP
Photo: AFP

India's annual wholesale price inflation accelerated to a 15.08%% in April from the previous month's 14.55%, remaining in double-digits for the 13th month in a row, government data showed on Tuesday.

April's figure was the highest since at least April 2005 according to Refinitiv data, and higher than 14.48% forecast in a Reuters poll of analysts.

Fuel prices, a big component of the increase, were up 38.66% on the year versus 34.52% in March.

World+Biz / South Asia / Inflation

India / wholesale price hike / Wholesale market

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