WPI inflation surges to 10.49% in April, CPI inflation softens on favorable base
20-Apr-2022Wholesale inflation continued to post yet another sharp uptick, rising 10.49% y-o-y largely led by across the board rise in prices of fuel & power, manufactured products and food prices during the month. A low base of the previous year also contributed to the sharp rise in WPI inflation. Retail inflation on the other hand, eased to a three month low of 4.29% from 5.5% in March 2021, largely on account of a high base of the previous year.