Wholesale inflation surges to 9.68% in May over sharp rise in crude oil prices
The wholesale price inflation climbed to a series high of 9.68% in May 2026 under the new 2022-23 base year, up from 8.26% in April, as fuel and crude petroleum prices surged sharply.
Key context
- Source
- Livemint Economy — established analytical coverage
- Scope
- Europe · GB, RO
- Theme
- Growth, Monetary Policy, Inflation
- Signals
- GDP prints, PMI surveys, business investment
Why it matters
Higher inflation in Asia means prices are rising faster, which delays rate cuts and keeps borrowing costs elevated for longer.
GrowthMonetary PolicyInflationGeopoliticsMarketsGBRO
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