Record spike in WPI inflation: Cause, effect - The Indian Express

Another round of repo rate hike is expected in June, with its quantum being as high as 40 basis points.

WPI inflation has been in double digits for the thirteenth months in a row now. According to the data released last week, retail inflation had also surged to an 8-year high of 7.79 per cent in April.… [+1581 chars]

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