May CPI inflation cools down to 7.04% from eight-year high in April

The excise duty cuts for petrol and diesel and duty cuts on other items may have played a part in cooling inflation

retail inflation

Vegetable inflation was nearly 18.3 per cent, a segment which hurts households the most. Inflation in eggs and pulses and products came down substantially, at -4.6 per cent and -0.46 per cent, respectively

New Delhi
The consumer price index-based (CPI-based) inflation rate for May 2022 cooled from the eight-year high in April and came in at 7.04 per cent on the back of the base

Also Read

WPI-based inflation zooms to 14.55% in March on rising fuel, food prices

India's retail inflation rises to 6.95% in March; IIP remains muted

Karnataka High Court backs simultaneous levy of excise duty, GST on tobacco

Analysts bullish on auto stocks amid govt. measures on fuel, steel price

Current WPI series to be scrapped, new one with 2017-18 as base yr on cards

Retail inflation eases to 7.04% in May, but remains above RBI's target band

Recovery tracker: Greater power generation and mobility even as cases spike

Sebi clarifies on applicability of AIFs and portfolio manager rules

May retail inflation to cool down but remain above MPC's target: Poll

Chennai Corporation seeks World Bank assistance on drinking water project

First Published: Jun 13 2022 | 5:59 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to