Q1. What was the rate of India's Wholesale Price Index (WPI) inflation in April 2026, which touched a 42-month high mainly driven by a sharp spike in fuel and power prices?
Explanation
India's Wholesale Price Index (WPI) inflation surged to a 42-month high of 8.3 percent in April 2026, driven by a sharp spike in fuel and power prices, even as retail CPI inflation stayed moderate at 3.48 percent. Hence the correct answer is 8.3 percent.
