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India's wholesale inflation hits 3.5-year high of 8.3%
The New Indian Express Madurai
|May 15, 2026
INDIA’S wholesale price inflation surged to 8.3% in April, the highest in nearly 3.5 years, according to data released by the Ministry of Commerce on Thursday.
The sharp rise was driven by soaring energy prices amid ongoing tensions in West Asia, which pushed up fuel and raw material costs across sectors. Economists warned that if the energy crisis persists, wholesale inflation could eventually spill over into retail prices, directly imp
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