WPI inflation at record high of 15.08% in April on price rise of items

Wholesale price-based inflation has risen to 15.08% in April on rising prices across segments from food to commodities. The WPI-based inflation was 14.55% in March 2022 and 10.74% in April 2021.

Reason: Due to the rise in prices of mineral oils, basic metals, crude petroleum & natural gas, food articles, non-food articles, food products etc.

The WPI inflation has remained double-digit for the 13th consecutive month since April 2021.