WPI inflation spikes to record 15.88% in May as heatwave stokes food prices

The Wholesale Price Index (WPI)-based inflation maintained its increasing trajectory for the third month in a row, and remained in double digits for the 14th consecutive month since April last year

WPI, Inflation

New Delhi
Wholesale price-based inflation surged to a record high of 15.88 per cent in May as crude prices rose and heatwave brought about a spike in prices of vegetables and fruits,

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First Published: Jun 14 2022 | 12:18 PM IST

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