BREAKING: WPI inflation at record high of 15.08% in April on price rise across all items
Zee News
The WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year.
New Delhi: Wholesale price-based inflation spiked to a record high of 15.08 per cent in April on rising prices across segments from food to commodities.
The WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year.
"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 commerce and industry ministry said in a statement.
The WPI inflation has remained in double digit for the 13th consecutive month since April last year.
Inflation in food articles was 8.35 per cent, as prices of vegetables, wheat, fruits and potato witnessed sharp spike over the year-ago period.
