India’s wholesale inflation jumps to 8.3% in April as fuel, crude oil prices surge

India’s wholesale inflation surged to 8.30% in April 2026, a significant jump from March’s 3.88%. This spike is primarily attributed to soaring fuel, power, and crude oil prices, exacerbated by the West Asia crisis. Mineral oils, basic metals, and manufactured products also contributed to the rise, impacting various sectors.