Commercial LPG jumps ₹42/cylinder as May GST tops ₹1.94 lakh crore, IIP holds 4.9%
Delhi commercial LPG hits ₹3,113.50, squeezing QSR and hotel margins, even as broad-based consumption signals stay firm: GST collections grew 3.2% YoY in May, IIP printed 4.9%, with consumer durables up 4.3% and non-durables 2.8%. India-Oman CEPA adds duty-free runway for textiles and pharma exporters.
What happened
Indian Retail Sector · Morning roundup: commercial LPG up ₹42/cylinder hitting hotels/restaurants, May GST tops ₹1.94 lakh crore on broad consumption growth,
Key facts
- ₹42 hike per 19-kg commercial LPG cylinder
- ₹3,113.50 Delhi commercial LPG
- ₹913 domestic LPG
- GST May ₹1.94 lakh crore
- GST growth 3.2% YoY
- IIP 4.9%
- consumer durables 4.3%
- consumer non-durables 2.8%
Why this matters
Scout bolt-on targets in textiles and pharma with Oman/GCC export readiness to monetize the CEPA duty-free window, while pressure-testing QSR acquisition multiples against a structurally higher commercial LPG cost base.