Higher petrol, diesel prices threaten to rekindle inflation pressures: Report
- Posted on June 2, 2026
- By Business News Today
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- 1 min read
Higher petrol, diesel prices threaten to rekindle inflation pressures: Report
Fuel prices are rising in India. This will increase transport and manufacturing costs. These higher costs will likely lead to more inflation for consumers. Food and core inflation could accelerate. Companies may pass these costs to buyers. Goods and services tax reductions offer some relief. However, elevated energy costs remain a concern.
