India's Wholesale Price Inflation Rises to 11.39% in September
Wholesale Price Inflation Overview
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New Delhi, Oct 14: The wholesale price inflation (WPI) in India surged to 11.39% in September, up from 9.92% in August, driven by rising costs in fuel, crude oil, food items, and various manufactured goods, as per provisional data released by the government.
The Ministry of Commerce & Industry reported that the Wholesale Price Index (WPI) for all commodities reached 112.5 in September, compared to 110.8 in the previous month.
Moreover, the final WPI for July remained steady at an index level of 110.0, with annual inflation unchanged at 9.78%.
In terms of major categories, inflation for primary articles increased to 8.67% from 7.76% the previous month, while fuel and power inflation rose to 25.85% from 22.93%, according to the ministry.
Manufactured products, which hold the highest weight in the index, saw inflation at 9.76%.
Key contributors to the wholesale inflation in September included mineral oils, food items, crude oil, natural gas, coal, basic metals, chemicals, textiles, rubber, plastic products, and electrical equipment.
Additionally, the WPI Food Index indicated an annual inflation rate of 8.66% in September, compared to 7.05% in August.
Within the fuel category, mineral oils experienced inflation of 40.02%, while crude oil and natural gas saw a year-on-year inflation rate of 57.32%.
Overall, fuel and power prices increased to an index level of 110.5 in September from 108.3 in August, according to official statistics.
Separately, the Output Producer Price Index (PPI) for all commodities rose to 112.5 in September from 110.8 in August.
Furthermore, the trial Input Producer Price Index (IPPI) for the manufacturing sector climbed to 106.1 in September from 104.2 in August.
The final WPI index (Base Year 2022-23) for July 2026 was compiled with a weighted response rate of 98.97%, as stated by the ministry.
It was noted that the provisional WPI index (Base Year 2022-23) for September 2026 was compiled with a weighted response rate of 83.4%.
Importantly, the government is set to release WPI, Output PPI, and trial Input PPI data for October on November 16.
