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  title  Market News Updates
WPI inflation surges to 10.49% in April, CPI inflation softens on favorable basePosted on: 18/05/2021 3:18 pm
Wholesale inflation continued to post yet another sharp uptick, rising 10.49% y-o-y largely led by across the board rise in prices of fuel & power, manufactured products and food prices during the month. A low base of the previous year also contributed to the sharp rise in WPI inflation. Retail inflation on the other hand, eased to a three month low of 4.29% from 5.5% in March 2021, largely on account of a high base of the previous year.