Current Affairs - Economy - Discussion

India’s annual inflation rate based on the Wholesale Price Index (WPI) stood at 8.3% in April 2026 on a provisional basis. The increase was mainly driven by higher prices of mineral oils, crude petroleum, natural gas, basic metals, and manufactured products. Fuel and power recorded a particularly sharp rise due to higher mineral oil prices, while primary articles also witnessed strong inflationary pressure. The WPI is released every month by the Office of the Economic Adviser under the Ministry of Commerce and Industry. Manufactured products carry the highest weightage in the WPI basket, making them a key factor in overall inflation trends.