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macroJun 15, 2026, 6:34 AM

India's WPI Inflation Accelerates to 9.68% in May, Beats Estimates

India's Wholesale Price Index (WPI) inflation rose to 9.68% year-on-year in May, exceeding the consensus estimate of 9.1%.

India's Wholesale Price Index (WPI) inflation for May came in at 9.68% year-on-year, accelerating from the previous reading and beating market expectations of 9.1%. The data points to persistent price pressures in the wholesale sector.

The higher-than-expected inflation print could influence the Reserve Bank of India's monetary policy stance, with markets now pricing in a higher probability of rate hikes.

Source: FXStreet Forex News