India retail inflation 3.48% below RBI target while wholesale spikes
NewsBytes | May 19, 2026 11:39 PM CST
Fuel driven WPI may hit 9%
Retail and wholesale inflation work differently: the consumer price index, or CPI, tracks everyday items like food and housing, while the wholesale price index, or WPI, is heavily influenced by fuel costs: diesel alone makes a big impact on transport and farming prices.
Economists say wholesale inflation could touch 9% in May 2026, and they expect higher petrol and diesel prices will slowly push up what you pay at stores too.
So, get ready for things to cost a bit more in the coming months.
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