While the prospects for a durable peace following the Iran war may have improved, a rapid decline in inflation appears unlikely

India's retail inflation rose to 3.93% in May. Food and fuel prices increased, impacting consumer costs. This marks the highest inflation reading under the new CPI series. Despite…

Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.

Fabiana Negrin Ochoa and Jihye Lee

Economists expect price pressures to intensify further in June, driven by the continued pass-through of earlier increases in transport and cooking fuel costs amid continued supply…

India's wholesale price inflation hits 9.68% in May, exceeding expectations in the revised series with 2022-23 as the base year.