Sharp rise in fuel and energy-related prices leads to higher WPI inflation: Industry
New Delhi: The increase in wholesale inflation in April was largely driven by a sharp rise in energy and petroleum-related prices, which also contributed to higher input costs across several manufacturing segments, industry chambers said on Thursday. In contrast, food-related wholesale inflation remained relatively moderate compared with recent periods of raised volatility, said Rajeev Juneja, President, PHDCCI. India's wholesale price…
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