{"id":420530,"date":"2021-06-15T11:50:45","date_gmt":"2021-06-15T06:20:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=420530"},"modified":"2021-06-15T11:50:45","modified_gmt":"2021-06-15T06:20:45","slug":"fuel-base-effect-wpi-inflation-hits-series-high-cpi-at-6-month-peak","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fuel-base-effect-wpi-inflation-hits-series-high-cpi-at-6-month-peak\/","title":{"rendered":"Fuel, base effect : WPI inflation hits series high, CPI at 6-month peak"},"content":{"rendered":"<p>Elevated global commodity prices, highly taxed auto fuels and unfavourable base effect propelled wholesale price inflation in May to 12.94%, the highest in the current series with 2011-12 base year, showed the official data released on Monday. Retail inflation, too, spiked to a six-month high of 6.30% in May, as food inflation returned, aided by a 30.84% rise in oils and fats, and price pressure in fuel &amp; light surged (11.58%).<\/p>\n<p>Fuel and power inflation in the wholesale price index (WPI) jumped to as high as 37.61% in May, albeit aided by an inconducive base, while at the retail level, fuel and light inflation surged to 11.58%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elevated global commodity prices, highly taxed auto fuels and unfavourable base effect propelled wholesale price inflation in May to 12.94%, the highest in the current series with 2011-12 base year, showed the official data released on Monday. Retail inflation, too, spiked to a six-month high of 6.30% in May, as food inflation returned, aided by a 30.84% rise in oils and fats, and price pressure in fuel &amp; light surged (11.58%). Fuel and power inflation in the wholesale price index (WPI) jumped to as high as 37.61% in May, albeit aided by an inconducive base, while at the retail level, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-420530","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420530","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=420530"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/420530\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=420530"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=420530"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=420530"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}