India's inflation likely accelerated to an 18-month high of 7.5% in April: Reuters poll - Economic Times

The surge has been long anticipated following the Indian government's decision to wait until after key state elections in March to hike fuel prices. Energy prices globally have soared since Russia's invasion of Ukraine in late February.

India's retail inflation likely surged to an 18-month high in April, largely driven by rising fuel and food prices and staying well above the Reserve Bank of India's upper tolerance limit for a fourt… [+2214 chars]

full article...