May inflation rises to 9.06%

India's wholesale price index (WPI) rose an annual 9.06% in May, driven by higher manufactured goods prices, government data showed on Tuesday.

The figure was above the median forecast for a 8.70% rise in a Reuters poll and was higher than the annual rise of 8.66% in April.

The WPI is more closely watched than the consumer price index (CPI) in India as it covers a higher number of products.