Indian WPI Fuel YoY (Apr) Y/Y 24.71% (Prev. 1.05%)

The sharp rise in India's Wholesale Price Index (WPI) for fuel, jumping to 24.71% year-on-year from 1.05%, signals significant inflationary pressure in the energy sector.

Newsquawk StaffPublished 14 May 2026, 06:50 UTCOn the live feed at 06:30 UTC — 1 more headline followed before this page went public

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06:51

Iranian Foreign Minister Araghchi says "In our view, the Strait of Hormuz is open to all commercial ships, but they must cooperate with our naval forces"; adds "hope this situation will end with the lifting of this illegal blockade imposed by America"

06:46

[MARKET UPDATE] Crude falls in excess of USD 1/bbl over ten minutes to the benefit of Fixed Income and Equities; no specific driver, potentially among Aragchi comments "do not seek war"

06:30

Indian WPI Fuel YoY (Apr) Y/Y 24.71% (Prev. 1.05%)

06:29

India is reportedly mulling reducing taxes on taxes on foreign bond investments

06:28

Sumitomo Bakelite (4203 JT) is to raise the prices of chip material by 10-20%

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Context

This could have broader implications for India's economic outlook and may influence monetary policy considerations, especially if sustained, as it complicates the growth-inflation dynamic and may prompt action from the Reserve Bank of India.

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