Government of India records wholesale inflation at 8.3% for April

Exam-focused facts from the 16 May 2026 current affairs briefing.

Key facts

India's wholesale inflation reached 8.3% in April, marking the fastest pace in three-and-a-half years.
Fuel and power inflation jumped to 24.71% in April from 1.05% in March, driven by a 67.18% rise in crude petroleum and natural gas inflation.
Manufactured products inflation accelerated to 4.62% in April from 3.39% in March, with basic metals inflation at 7% and chemicals at 5.09%.
The Wholesale Price Index (WPI) food index rose 2.31% year-on-year in April, while onion prices fell 26.45% and pulses inflation stood at -4.03%.
The Reserve Bank of India (RBI) projected Consumer Price Index (CPI) inflation at 4.6% for FY27, with a core inflation projection of 4.4%.