WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Rep
- Posted on May 16, 2026
- By Business News Today
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- 1 min read
WPI inflation to face further upside as oil and metal prices stay elevated amid geopolitical tensions: Rep
India's Wholesale Price Index surged to 8.3 percent in April 2026. Fuel and manufactured goods drove this sharp rise. Global crude oil prices and geopolitical tensions impacted fuel costs. Metal prices also climbed significantly. Food inflation eased but may rise later. This marks the highest WPI since October 2022.
