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Every $10 rise in oil to add 60 bps to India's inflation: CareEdge
short by Vaishnavi Mishra / on Monday, 30 March, 2026
Every $10 rise in average crude oil prices can increase India's headline inflation by 55-60 basis points (bps), given higher weight of fuel in the consumer price index basket, CareEdge Global IFSC Limited CEO Revati Kasture said. The oil prices are rising due to war in West Asia. Sustained high prices could lead to pass-through to consumers, she added.
read more at NewsBytes