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Economics3h 27m ago

India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April due to high prices of crude oil and manufactured products.

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NEW DELHI, India

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 due to high prices of crude oil and manufactured products.
When
Tue, 16 Jun 2026 00:40:00 GMT · 3h 27m ago
Where
NEW DELHI, India ·
Why
The surge in wholesale inflation is on account of 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

The continuous rise in wholesale inflation, reaching 9.7% in May, reflects significant price increases in crude oil and manufactured products across India, potentially affecting consumer prices and economic stability.

Story chain

4 events in this thread
  1. Economics35m ago
    India's wholesale prices increased by 6.60% between February 2026 and May 2026, with the fuel and power category accounting for half of this inflation.
    Open article
  2. Economics2h 11m ago
    The government on Monday unveiled a revised series of the Wholesale Price Index (WPI) with 2022-23 as the base year and simultaneously introduced new Producer Price Indices (PPIs).
    Open article
  3. Economics2h 11m ago
    The Indian government unveiled a revised series of the Wholesale Price Index (WPI) with 2022-23 as the base year and introduced new Producer Price Indices (PPIs), reporting that WPI inflation surged to 9.7% year-on-year in May 2026.
    Open article
  4. Currently Reading3h 27m ago
    India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April due to high prices of crude oil and manufactured products.

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