WPI inflation rises to record high of 15.88% in May

WPI inflation rises to record high of 15.88% in May

Wholesale price-based inflation (WPI) hit a fresh record high of 15.88% in May, escalating from 15.08% in April, as per the official data. “The high rate of inflation in May is primarily due to rise in prices of mineral oils, crude petroleum & natural gas, food articles, basic metals, non-food articles, chemicals & chemical products […]

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