
India's wholesale inflation quickens to 3-1/2-year high of 8.3% as energy costs soar

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India's wholesale price inflation surged to 8.3% year-on-year in April, marking the highest rate in three-and-a-half years, driven by rising energy costs linked to the Middle East conflict. This figure significantly exceeded the 3.88% increase recorded in March and surpassed economists' expectations.
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