India's Wholesale Inflation Jumps to 8.3% Driven by Oil and Weak Rupee

India's wholesale price index (WPI) growth for April significantly exceeded economists' expectations, surging to 8.3% primarily due to an oil shock and a depreciating rupee.

15 May, 01:00 — 15 May, 01:00

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hindustan-timesMostly Factual1h ago

India's wholesale inflation surges to 8.3% on oil shock, weak rupee

A Bloomberg poll of economists expected April WPI growth at 5.5%, almost three percentage point less than the actual number

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India's Wholesale Inflation Jumps to 8.3% Driven by Oil and Weak Rupee

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India's wholesale inflation surges to 8.3% on oil shock, weak rupee

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