Fuel price hike may push inflation up by 20 bps, say experts
- Posted on May 15, 2026
- By Business News Today
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- 1 min read
Fuel price hike may push inflation up by 20 bps, say experts
Fuel prices have risen, potentially pushing retail inflation up by 0.15 to 0.20 percentage points. Experts warn this could lead to wider price increases across the economy. Higher transport and logistics costs are expected to impact various sectors. This development follows recent increases in gold and milk prices. The full effect on inflation will become clearer in the coming months.
