Wholesale inflation has inched up to a record high of 12.9 per cent in May 2021 from 10.5 per cent in April 2021 and 3.4 per cent deflation in May 2020.
Primary articles have eased to 9.6 per cent in May 2021 from double-digit inflation of 10.2 per cent in April 2021. Inflation in this component stood at -2.1 per cent in the corresponding month last year.
Fuel and power segment continued to witness sustained inflation for the 4th successive month. Inflation in this component jumped to 37.6 per cent in May 2021 compared to 20.9 per cent in the previous month.
In May 2021, inflation in manufactured products scaled a record high of 10.8 per cent higher as against 9.0 per cent in April 2021 and deflation of 0.3 per cent in May 2020.
Wholesale inflation in food group has increased by 8 per cent on y-o-y basis in the month of May 2021.
Story: Shivani Sharma
Design: Mohsin Shaikh