India’s Wholesale Price Inflation Hits 43-Month High Amid Global Energy Volatility
India’s Wholesale Price Index (WPI) inflation surged to 8.30 percent in April, a significant leap from the 3.88 percent recorded in March, marking the highest level in 43 months. The Ministry of Commerce and Industry reported that the sharp acceleration is primarily driven by volatile energy costs and supply chain disruptions stemming from the ongoing…