🌏 India WPI at 8.30% is a 42-month high, and Hormuz has turned a Gulf supply shock into a central bank problem across EM Home Tags The day in view 🌏 India WPI at 8.30% is a 42-month high, and Hormuz has turned a Gulf supply shock into a central bank problem across EM Macro Soup Newsroom May 14, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link India's WPI hit 8.30% in April 2026, a 42-month high, with crude petroleum up 67.18% year-on-year on Hormuz disruption. The RBI faces a policy trap: WPI-to-CPI pass-through could breach the 5% tolerance band by Q3 2026. Read next Featured Post The week in view 📰 Weekly Macro Roundup: 2026-09-19 Paid Post The week in view 🇨🇳 China's three growth engines are stalling at once, and trade is the only one still firing
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