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Economics4h 53m ago
India's wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April, driven by high prices of crude oil and manufactured products.
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India (New Delhi)
Who
Department for Promotion of Industry and Internal Trade (DPIIT), Madan Sabnavis (Bank of Baroda chief economist)
What
India's wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April, driven by high prices of crude oil and manufactured products.
When
Tue, 16 Jun 2026 00:40:00 GMT · 4h 53m ago
Where
India (New Delhi) ·
Why
The inflation surge is due to high prices of crude oil and manufactured products, with crude petroleum and natural gas accelerating 61% in May.
The Frontline Impact
How this affects you
This continuous rise in wholesale inflation, nearing double digits, highlights persistent cost pressures across India's economy, potentially increasing burden on consumers and businesses through higher production costs. The introduction of the new Producer Price Index offers a more comprehensive view of price changes, indicating ongoing inflationary trends in key sectors like mining and manufacturing that could influence future economic policy.
Story chain
3 events in this thread- Currently Reading4h 53m agoIndia's wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April, driven by high prices of crude oil and manufactured products.
- Economics6h 33m agoUnion minister Murlidhar Mohol stated on Monday that inflation in India is under control compared to many other countries despite economic challenges.Open article
- Economics6h 33m agoUnion minister Murlidhar Mohol stated on Monday that inflation in India is under control compared to many other countries despite economic challenges from international conflicts.Open article