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Wholesale Inflation Surges To Record High Of 15.88% in May | 'Mehengayi' to Stay For A Little Longer

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June 14, 2022

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India's wholesale inflation surges to a record high of 15.88% in May. The index was 15.08% in April. Data tells us that these conditions are likely to prevail for a longer time, with no near-sighted relief to the common man. Last year the WPI index in the month of May was at 13.11%. The Commerce industry explains that the surging prices are because of an uptick in mineral oil prices, crude petroleum and natural gas, food articles, etc. For the last fourteenth month, the wholesale price index remained double-digit. Watch to know more in detail!

#wholesalepriceindex #inflation #india

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