Impact of Iran war started becoming visible, record high wholesale inflation in April

wholesale inflation

Amid tensions in the Middle East, India’s wholesale inflation rate rose sharply to 8.3% in April, the highest in the current series. The main reason for this is the huge increase in the prices of fuel and crude oil, the effect of which is visible on the entire economy. Inflation has reached its highest level in 42 months.

Inflation based on Wholesale Price Index (WPI) increased from 3.88% in March to 8.3% in April. The main reason for this is the huge increase in the prices of mineral oil, crude petroleum and natural gas, metals and manufactured products. These figures show the growing difference between retail and wholesale inflation trends. Now the costs of producers are increasing rapidly, because high global commodity and energy prices are also affecting the domestic supply chain.

This increase has happened at a time when the government has not made much change in the prices of petrol, diesel and domestic cooking gas (LPG) despite the increase in global crude oil prices. Due to this, there is no direct impact of fuel becoming expensive on the common people at present. However, the prices of commercial LPG cylinders have been increased because the pressure of energy prices is continuously increasing in the international market.

Retail inflation has also increased

If we look at the government figures, retail inflation in the country has come down to 3.48 percent in the month of April. Whereas in the month of March this figure was at 3.40 percent. By the way, in the month of October 2025, retail inflation in the country had come down to 0.25 percent. Since then there is a continuous increase in it. In the month of November this figure came to 0.71 percent. It was seen at 1.33 percent in the month of December. Retail inflation was seen at 2.74 percent in the month of January. Whereas in February the retail inflation figure has come down to 3.21 percent.

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