Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
Economists warn fuel, milk price hikes may raise retail inflation by up to 0.42%
Retail inflation is set to rise by 0.42 percent due to increased fuel and milk prices. Economists predict broader impacts on transportation, logistics, and food costs. Petrol and diesel prices saw a hike of Rs 3 per litre. Milk prices also increased by Rs 2 per litre. These changes will affect household budgets and producer costs.