The high rate of inflation in May, 2022 is primarily due to rise in prices of mineral oils, crude petroleum & natural gas, food articles, basic metals, non-food articles, chemicals & chemical products and food products etc.

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index numbers of wholesale price in India.

The annual rate of inflation is 15.88% (Provisional) for the month of May, 2022 (over May, 2021) as compared to 13.11% in May, 2021, according to commerce Ministry data.

The high rate of inflation in May, 2022 is primarily due to rise in prices of mineral oils, crude petroleum & natural gas, food articles, basic metals, non-food articles, chemicals & chemical products and food products etc. as compared to the corresponding month of the previous year.

The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade released the Index numbers of wholesale price in India (Base Year: 2011-12) for the month of May, 2022 (Provisional) and for the month of March, 2022 (Final).