New Delhi, June 12 -- India's retail inflation rose to 3.93 per cent in May from 3.48 per cent in April, according to data released by the National Statistics Office (NSO) on Friday with experts attributing the rise to broad-based pressures across food and non-food segments and warning of further increase in the coming months.

According to Dipti Deshpande, Principal Economist, Crisil Ltd, the impact of the West Asia conflict is starting to percolate household budgets.

"Crisil expects CPI inflation to rise to an average 5.1% this fiscal, from 2.0% last fiscal, with risks from higher fuel prices, currency depreciation, second-round effects and potentially weak rainfall."

Noting over 40 basis-point jump in retail inflation in May 2026 was...