47
Economics3h 3m ago

India's wholesale price inflation rose to 9.68% year-on-year in May, government data released on Monday showed.

Archive Window: 30 Days Left

India

Who
India
What
India's wholesale price inflation rose to 9.68% year-on-year in May, government data released on Monday showed.
When
Mon, 15 Jun 2026 07:26:27 GMT · 3h 3m ago
Where
India ·
Why
The rise in inflation was due to an energy shock stemming from the conflict in the Middle East.
The Frontline Impact

How this affects you

The energy price surge, driven by the U.S.-Israeli war on Iran, significantly impacted India's wholesale inflation, though economists do not expect an immediate impact on interest rates. However, a potential agreement between the U.S. and Iran to end their war could offer respite by lowering global oil prices.

Story chain

8 events in this thread

Verified Sources & Citations