Fuel hikes threaten 36-48 bps CPI jolt, squeezing retail margins across categories
Crisil flags ₹7.5-10/litre petrol-diesel hikes since May 15 could lift CPI by 36-48 bps over coming quarters. With 71% of freight on road and fuel at 42% of operating cost, food, apparel, electronics and FMCG face pass-through pressure. September GST cuts only partly cushion.
Crisil warns ₹7.5-10/litre fuel price hikes will lift CPI 36-48 bps, raising freight and input costs across food, clothing, electronics and FMCG. September 2025 GST cuts may partly offset but not neutralise pass-through to Indian retail prices.
Also reported by
- The Hindu BusinessLine — Same time