Wholesale Inflation Spikes To 15.08% In April, Double-Digit Rise For 13th Month

The wholesale price-based inflation accelerated to 15.08 per cent in April from a year ago period, government data showed on Tuesday.

The wholesale price-based inflation accelerated to 15.08 per cent in April from a year ago period, government data showed on Tuesday. The WPI inflation stood at 14.55 per cent in March.

The figure has remained in double digits for the 13th consecutive month in April.

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

The surge in inflation was primarily due to rise in prices of mineral oils, metals, crude petroleum, natural gas, food and chemicals products, the Commerce and Industry Ministry said.