India's wholesale inflation hit 8.3% in April, a 42-month high, mainly due to rising energy prices from the West Asia conflict. Experts note a weak correlation with consumer prices, suggesting retail inflation may not rise significantly despite the wholesale … For the full story, visit the source.
Business
Wholesale inflation hits a 42-month high — but does it really spell bad news for your wallet?
India's wholesale inflation hit 8.3% in April, a 42-month high, mainly due to rising energy prices from the West Asia conflict. Experts note a weak correlation with consumer prices, suggesting retail inflation may not rise significantly despite the wholesale …
By Sanchari Ghosh· Livemint· 7 days ago· 2 min read
This summary is sourced from Livemint. Read the full article at:Livemint