Author: Sakeena Rizvi
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India: How global energy shocks filter through steel into wholesale manufacturing inflation
WPI inflation surges to 42-month high of 8.3% in Apr’26 WPI, BigMint data show steel prices recovering from late-2025 Strong industrial activity allows mills to pass through rising input costs India’s wholesale price inflation surged to 8.3% in April 2026, its highest level in 42 months, as rising energy and commodity costs pushed through industrial…