Categories: Economy

WPI inflation spiked to 15.88% in May 2022

Wholesale price inflation spiked to 15.88% in May, the highest since September 1991 as a surge in price pressure in food and fuel overwhelmed a moderation in the dominant manufactured product segment. In April, the WPI inflation was recorded at 15.08%. Inflation based on the wholesale price index (WPI) has remained in double digits for 14 months now, mirroring elevated global commodity prices, especially of oil, according to the official data released.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

WPI-based Wholesale inflation in India:

• January: 12.96%
 February: 13.11%
• March: 14.55%
• April: 15.08%

Find More News on Economy Here

Adda247 Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

What Is HAMMER? Inside the Precision Weapon India Will Co-Produce with France

HAMMER air-to-surface weapon will soon be manufactured in India after a major India-France defence agreement.…

27 mins ago

Norway’s Johannes Klaebo Wins Stunning Relay Gold, Claims 9th Olympic Medal

Johannes Klaebo won his record ninth Winter Olympic medal as Norway secured gold in the…

1 hour ago

Which District of Uttar Pradesh is known as the Jacket City?

Did you know that one district in Uttar Pradesh has earned a stylish nickname because…

16 hours ago

Which Mountain is known as the Stone Sentinel?

Did you know that some mountains earn special nicknames because of their shape and strength?…

18 hours ago

Brazil Creates History! Lucas Pinheiro Braathen Wins First-Ever Winter Olympics Medal

Winter Olympics 2026, Lucas Pinheiro Braathen, Brazil first Winter Olympics medal, giant slalom gold 2026,…

18 hours ago

Legendary Odia Singer Geeta Patnaik Passes Away at 73

Veteran Odia singer Geeta Patnaik passed away on February 15, 2026, in Cuttack at the…

18 hours ago