...the world's third-largest crude importer saw its wholesale inflation jump to 8.3% in April from a year earlier, significantly accelerating from 3.88% annual inflation in March

India Business News: India’s wholesale price inflation accelerated sharply to 8.30 per cent in April from 3.88 per cent in March, driven mainly by a steep rise in fuel, po.

India's wholesale inflation surged to 8.3% in April — the highest since October 2022 — as fuel and power costs jumped nearly 25% year-on-year.

Prices were unchanged in March and April even as global crude prices shot up