India, May 16 -- With wholesale inflation hitting a 13-month high of 1.26 per cent in April and the mercury poised to peak in the next two months, stubbornly rising food prices are worrying many a family across the nation. This rise was driven as both food and fuel became dearer. Interestingly, India's retail inflation, measured by the consumer price index (CPI), fell to an 11-month low of 4.83 per cent year-on-year in April 2024, compared to 4.85 the previous month. The Reserve Bank of India primarily considers retail inflation when formulating monetary policy. However, for the average person, the rise in WPI is concerning as it is primarily influenced by food items, both processed and unprocessed, as well as manufactured goods. India is...