The impact of the US-Iran war is feeding into prices, with India’s wholesale price inflation accelerating to 9.87% in June from 9.68% in May. The rise has been driven by a steep increase in the prices of both food and non-food items.

Inflation has risen for the eighth straight month in India, as food and energy prices rise due to the Iran war and deficient rainfall.

The June CPI numbers are the first to record the complete extent of the hike in retail prices of petrol and diesel. | India News

India's wholesale inflation rose to 9.87 percent in June. This figure exceeded economists' earlier projections for the month. Higher prices for food and mineral oils drove the…

India faces rising inflation risks due to US-Iran tensions and El Niño, impacting food and fuel prices.

The impact of the US-Iran war is feeding into prices, with India’s wholesale price inflation accelerating to 9.87% in June from 9.68% in May. The rise has been driven by a steep…