India’s Wholesale Price Index (WPI) inflation rose to 8.3% in April 2026

India’s Wholesale Price Index (WPI) inflation rose to 8.3% in April 2026

¨     India’s Wholesale Price Index (WPI) inflation rose to 8.3% in April 2026.

¨     It was the highest level recorded in the last 42 months.

¨     The Ministry of Commerce and Industry released the WPI data on 14 May 2026.

¨     WPI inflation stood at 3.88% in March 2026.

¨     The Wholesale Price Index measures the average change in prices of goods at the wholesale level in India.

¨     It tracks price movements in primary articles, fuel and power, and manufactured products.

¨     Fuel and power inflation increased to 24.71% in April 2026.

¨     It was 1.05% in March 2026.

¨     Inflation in crude petroleum and natural gas reached 67.2%.

¨     Mineral oils also recorded higher prices during the month.

¨     Inflation in manufactured products rose to 4.62% in April 2026.

¨     It was 3.39% in March 2026.

¨     The increase affected chemicals, textiles, machinery, and basic metals.

¨     These sectors are major components of the manufacturing basket.

¨     Retail inflation, measured by the Consumer Price Index (CPI), stood at 3.48% in April 2026.

¨     CPI inflation remained below the Reserve Bank of India’s 4% comfort target.

¨     The rupee averaged 93.6 per US dollar in April 2026.

¨     In March 2026, the rupee averaged 92.8 per US dollar.