India May CPI ticks up to 3.93%; food at 4.78%, RBI lifts FY27 view to 5.1%
Retail inflation rose from 3.48% in April as tomato (+48.43%), ginger (+32.49%) and silver jewellery (+155.23%) spiked. Rural CPI (4.25%) outpaced urban (3.53%); personal care surged 18.46%. RBI's higher FY27 forecast signals sustained input-cost and pricing pressure for retailers.
India's May CPI rose to 3.93% from 3.48%, with food inflation at 4.78%. Tomato, ginger and silver jewellery prices spiked sharply; potato remained deflationary. Rural inflation outpaced urban. RBI raised FY27 inflation forecast to 5.1%, signaling pricing pressure for retailers.