Retail inflation ticks up to 3.93% in May; jewellery prices surge as autos deflate
India's CPI rose to 3.93% in May 2026 with food inflation at 4.78%. Silver jewellery prices jumped 155.23% YoY and gold/diamond/platinum 40.93%, while motor cars (-7.19%) and potatoes (-23.71%) deflated — flagging sharp input-cost and demand divergences across retail categories.
India retail inflation rose to 3.93% in May 2026 with food at 4.78%. Jewellery inflation surged (silver 155%, gold 41%) while autos and potatoes deflated, signaling input-cost and demand shifts relevant to retailers.
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- Times of India · Business — Same time