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Economics3h 7m ago

India's wholesale price inflation rose to 9.68% year-on-year in May, due to the energy shock from the Middle East conflict.

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India, Middle East

Who
India's government, economists, Rahul Agrawal (ICRA)
What
India's wholesale price inflation rose to 9.68% year-on-year in May, due to the energy shock from the Middle East conflict.
When
Mon, 15 Jun 2026 07:26:27 GMT · 3h 7m ago
Where
India, Middle East ·
Why
The energy shock stemming from the conflict in the Middle East persisted, causing wholesale fuel and power prices to jump 30.33% year-on-year in May.
The Frontline Impact

How this affects you

India's wholesale inflation surged to over 9.5%, driven by fuel price increases linked to the Middle East conflict, though this is not expected to immediately impact interest rates as the central bank monitors for broader effects.

Story chain

8 events in this thread
  1. Economics1h 2m ago
    India's wholesale inflation accelerated to 9.68% year-on-year (YoY) in May, up from 8.26% in April.
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  2. Economics2h 3m ago
    India’s wholesale inflation accelerated to 9.68% in May due to a sharp rise in fuel and food prices.
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  3. Currently Reading3h 7m ago
    India's wholesale price inflation rose to 9.68% year-on-year in May, due to the energy shock from the Middle East conflict.
  4. Economics3h 7m ago
    India's wholesale price inflation rose to 9.68% year-on-year in May, government data released on Monday showed.
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  5. Economics3h 10m ago
    Wholesale price inflation in India spiked to 9.68 percent in May versus 8.26 percent in April.
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  6. Economics3h 10m ago
    Wholesale price inflation in India spiked to 9.68 percent in May, up from 8.26 percent in April, driven by increases in fuel and power, manufactured, and food items.
    Open article
  7. Economics3h 20m ago
    The Wholesale Price Index (WPI) inflation for May rose sharply to 9.68% from 8.26% in April, reflecting the impact of the US-Iran conflict.
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  8. Economics3h 40m ago
    India’s wholesale inflation accelerated to 9.68 per cent year-on-year in May from 8.26 per cent in April.
    Open article

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