WPI Inflation Quickens to 11.39% in September From 9.9% in August
Fuel and food costs drove wholesale inflation higher, while manufactured products also climbed and the Reserve Bank of India raised rates earlier this month.
- India's Wholesale Price Index rose to 11.39% in September, up from 9.92% in August, according to official data released by the Commerce and Industry ministry on Wednesday.
- The West Asia war and resulting blockade of the Strait of Hormuz restricted crude oil imports into India, driving up global fuel and fertilizer costs that cascaded through the economy.
- Within the WPI, fuel and power inflation surged to 25.85% in September, while manufactured products hit a series high of 9.76% and the wholesale food index climbed to 8.66% from 7.05% in August.
- Last week, the Reserve Bank hiked benchmark policy rates by 25 basis points to 5.50%, with Governor Sanjay Malhotra flagging that inflation's outlook is not benign.
- Economists surveyed earlier this month expect food inflation to remain elevated, with some projecting it could rise between 7-8% over the next three to six months.
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WPI Inflation Climbs to 11.39% in September from 9.92% in August
Get latest articles and stories on Business at LatestLY. India's wholesale price index (WPI) inflation rose to 11.39 per cent on a year-on-year (YoY) basis in September 2026, up from 9.92 per cent in August, in double digits, according to data released by the Ministry of Commerce and Industry. Business News | WPI Inflation Climbs to 11.39% in September from 9.92% in August.
Wholesale inflation surges to 11.39% in September as fuel, food and manufacturing prices climb
Fuel inflation climbed to 25.9 percent, while manufactured products inflation accelerated to 9.8 percent. Producer prices also increased across agriculture, mining and manufacturing
WPI inflation quickens to 11.39% in September from 9.9% in August
Wholesale prices in India rose significantly to 11.39% in September, driven by rising fuel and food costs. Retail inflation also increased to 5.54%, attributed largely to higher vegetable prices. Concerns remain over food inflation maintaining elevated levels due to factors like uneven monsoon rainfall and El Nino risks. Increased global commodity prices are further affecting food production costs and transportation expenses.
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