WPI inflation surged to 9.68% in May, driven by rising fuel, food, and manufactured goods prices, amid global economic impacts.

The Producer Price Index (PPI) increased by 6.5% in May

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.

India's wholesale inflation hit a record 9.7% in May. This marks the first reading under a new Wholesale Price Index series. Fuel and power prices significantly drove this…