Indias inflation based on wholesale price index (WPI) stood at 15.08% in April 2022 compared with 10.74% in April 2021. The high rate of inflation in April, 2022 was primarily due to rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products and chemicals & chemical products etc. as compared to the corresponding month of the previous year, the Ministry of Commerce & Industry said in a statement today. The WPI grew 14.55% in March 2021, while the figure for February was 13.11%. WPI for the month of May 2022 will release on 14 June 2022. Powered by Capital Market – Live News
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