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        <h1>India's April 2012 WPI Rises 2.1% with 7.23% Inflation; Significant Hikes in Food, Fuel, and Minerals Prices.</h1> In April 2012, India's Wholesale Price Index (WPI) for all commodities increased by 2.1% to 163.1, with an annual inflation rate of 7.23%, up from 6.89% the previous month. Primary articles saw a 4.7% rise, driven by higher food and non-food article prices. Fuel and power prices increased by 1.8%, while manufactured products rose by 1.0%. Notable price hikes occurred in food articles like fruits and vegetables, and non-food items such as gaur seed and soyabean. The index for minerals also rose significantly, primarily due to crude petroleum and copper ore price increases.

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        ActsIncome Tax
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