NEW DELHI: India’s wholesale inflation surged for the eighth consecutive month to 9.7% in May from 8.3% in April on account of high prices of crude oil and manufactured products, the newly released wholesale price index (WPI) series Monday with the updated 2022-23 base year showed.

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

Indias wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflict-driven pressures on crude oil and…

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…

India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans…