Crude, milk and gold push inflation higher; RBI likely to hold rates despite WPI jump
Rising crude prices, fuel pass-through and higher milk costs are widening the gap between wholesale and retail inflation.
Rising crude prices, fuel pass-through and higher milk costs are widening the gap between wholesale and retail inflation.
CPI inflation inched up to 3.40% in March, driven by rising imported costs and pressure from fuel and housing segments.
While all-India core inflation only increased by 5 bps to 3.40% in Feb’26, the state-wise trend is quite divergent.