India’s wholesale price inflation surged to a 3.5-year high of 8.3% in April 2026, driven by the ripple effects of the West Asia conflict on fuel and energy prices. Experts quoted by The Hindu warned that the jump in wholesale prices “could soon be passed on to consumers” and may erode corporate profitability if companies absorb the costs. For the world’s most populous nation, the data point is a stark reminder of how distant conflicts translate into kitchen-table economics.
Walter Murrow
May 14, 2026
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