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April Wholesale Price Index (WPI)
May 22 , 2022
911 days
677
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- The Wholesale Price Index (WPI) based inflation rate surged to 15.1 percent in the month of April, highest since 2011-12.
- In the month of March, the WPI rate stood at 14.55 percent.
- In the month of April, the inflation rate for manufactured products shot up to 10.85 percent.
- This is due to chemicals, basic metals, chemical products, machinery, textiles, and electrical and other equipment.
- The fuel inflation rate stood at 38.66 percent due to high inflation in major categories of diesel, petrol, aviation fuel, and LPG.
- The core-WPI inflation for the non-fuel and non-food components rose to 11.1 percent which is a four-month high.
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