Crisil: Rs 7.5-10/litre fuel hike could lift CPI 36-48 bps, squeeze retail margins
Crisil warns cumulative petrol-diesel price hikes since May 15 will raise CPI by 36-48 bps and inflate freight costs, with road transport carrying 71% of goods and fuel at 42% of trucking opex. FMCG, apparel, electronics and food categories face pass-through pressure; September 2025 GST cuts may only partly cushion the blow.
Crisil warns Rs 7.5-10/litre fuel price hikes will lift CPI by 36-48 bps, raising freight and input costs for FMCG, clothing, electronics and food categories; September 2025 GST cuts may partly cushion but not fully offset pass-through to Indian consumers.