Economy #inflation#wholesale inflation
US-Iran Conflict Drives India's Wholesale Inflation to 9.68% in May as Fuel, Food, Power Costs Surge
India's Wholesale Price Index (WPI) inflation surged to 9.68% in May from 8.26% in April, reflecting the economic impact of the US-Iran conflict. Fuel, power, food, and manufactured goods prices all rose sharply. The Reserve Bank of India has raised its inflation forecast for the current financial year to 5.1%.
Jun 15, 2026 1 source