India’s wholesale price inflation (WPI) increases to about a 27-month high in June, reaching 9.87% to 9.9% depending on the outlet’s reporting, up from 9.68% in May, according to government data cited by multiple sources. The Commerce and Industry Ministry releases the WPI figures using the 2022-23 base year. The rise is attributed mainly to higher prices of food and non-food items, along with minerals and fuel-related costs. Food inflation accelerates to about 5.49%–5.5% in June from 3.60% in May, as food prices increase following a rainfall deficit linked to El Niño conditions. Non-food inflation stands higher, with mineral-related categories also contributing to the overall increase. Fuel and power inflation eases slightly from the previous month—reported at 27.41% in June versus 30.33% in May—though it remains at an elevated level. One outlet also points to external factors such as geopolitical tensions in West Asia and disruptions affecting crude oil supply routes, which can raise energy and transport costs. The WPI update comes after a recent increase in retail inflation to a 17-month high in June, though central bank decisions rely more on retail measures.
India’s wholesale inflation rises to about 27-month high in June on higher food and fuel prices
India’s wholesale price inflation (WPI) increases to about a 27-month high in June, reaching 9.87% to 9.9% depending on the outlet’s reporting, up from 9.68% in May, according to government data cited...
- India’s wholesale price inflation (WPI) rises to about 9.87%–9.9% in June from 9.68% in May, based on government data using the 2022-23 base year.
- Food inflation increases to about 5.49%–5.5% in June from 3.60% in May, attributed to higher food prices after a rainfall deficit linked to El Niño.
- Non-food items and minerals contribute to the rise, with mineral and related categories reporting elevated inflation rates.
- Fuel and power inflation remains very high but eases to about 27.41% in June from 30.33% in May.
- Some reporting links additional energy-price pressure to global factors such as West Asia flare-ups and crude oil supply disruption risks.
Wholesale inflation reached a 27-month high of 9.9 percent in June. This surge was driven by rising food prices and energy costs. Food prices accelerated to 5.5 percent while mineral prices rose significantly. Fuel prices decelerated slightly to 27.4 percent due to oil market corrections. Recent West Asia flare-ups and El Nino risks add to price volatility.
2 hours agoFor wholesale inflation, the commerce and industry ministry said that it is the latest WPI data, based on the 2022-23 base year. “Food inflation rose to 5.49 per cent in June, from 3.60 per cent in May, as food prices rose during the month following a rainfall deficit due to the El Nino impact
11 hours agoNew Delhi: India's wholesale price inflation (WPI) rose to 9.87 percent in June, up from 9.68 percent in May, mainly because of higher prices of food items, minerals and other key commodities. The latest data released by the Commerce and Industry Ministry showed that rising input costs continued to keep inflation under pressure.The government uses 2022-23 as the base year for calculating the Wholesale Price Index.Wholesale price inflation rises to 9.87 pc in June, against 9.68 pc in May: Govt data. pic.twitter.com/CdGrBZpkkb— Press Trust of India (@PTI_News) July 14, 2026 Major reasons behind riseThe ministry said mineral oils (petroleum products), food articles, basic metals, and chemicals and chemical products were the biggest contributors to the rise in wholesale inflation during June. WPI Inflation At 9.68%, Govt Launches New Wholesale Price Series With 2022-23 Base YearThe increase in prices comes amid the ongoing conflict in West Asia and the disruption in crude oil supplies due to the effective blockade of the Strait of Hormuz, a key route for India's oil imports. Higher crude oil prices have also increased transportation and production costs, adding pressure on food prices.Food and fuel remain costlyInflation in food articles rose sharply to 5.49 percent in June, compared with 3.60 percent in May.Inflation in non-food articles stood at 11.07 percent, while minerals recorded 9.45 percent inflation during the month.Although inflation in the fuel and power category eased to 27.41 percent from 30.33 percent in May, it remained at a very high level, keeping overall wholesale prices elevated. WPI Inflation Rises To 2.13% In February, Up From 1.81% In January: Govt DataMeanwhile, inflation in manufactured products remained unchanged at 7.48 percent, indicating that factory-level prices stayed stable compared with the previous month.Impact on economyThe latest WPI data follows the recent rise in retail inflation, which increased to a 17-month high of 4.38 percent in June from 3.93 percent in May.The Reserve Bank of India mainly considers retail inflation while deciding interest rates. Last month, the central bank raised its inflation forecast for the current financial year to 5.1 percent from 4.6 percent, citing higher global energy prices and their impact on domestic fuel and production costs.
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