Wholesale price inflation in India rose to 9.87 percent in June compared to the previous year, reflecting persistent price pressures across several sectors. The Wholesale Price Index (WPI) for all commodities increased to 110.2, signaling a notable rise in input costs faced by producers and wholesalers nationwide.

Among key segments, inflation in fuel and power eased somewhat to 27.41 percent, yet remained significantly elevated due to soaring energy prices. Mineral oils recorded a steep 46.48 percent inflation, while crude petroleum and natural gas also saw sharp increases at 34.75 percent annually. Primary articles, which include raw materials, saw inflation climb to 7 percent with non-food articles particularly affected, posting an 11.07 percent rise. Food-related inflation was more moderate, as the WPI Food Index, combining food articles and manufactured food products, registered a 6.14 percent increase. Within this category, food articles inflated by 5.49 percent in June.

Manufactured products maintained steady inflation at 7.48 percent, showing no change from previous levels. The government also revised upward the final WPI inflation figure for April to 8.36 percent from its provisional estimate of 8.26 percent, with a slight increase in the index value to 108.9. Meanwhile, the All India Output Producer Price Index (OPPI) stood at 109.9 for June, and the provisional Input Producer Price Index (IPPI) for manufacturing was reported at 107.1. Notably, the final IPPI for April was adjusted downward to 104.2 from the earlier estimate of 104.9.

This data was compiled with an 82.6 percent weighted response rate for June’s provisional WPI, while April’s finalized figures were based on a 97.5 percent response rate. The government previously updated its WPI base year from 2011-12 to 2022-23 as part of a broader strategy to improve the accuracy of producer price measurements. In addition to WPI revisions, new series were introduced for the Producer Price Index (PPI), Input Producer Price Index (IPPI), and Service Producer Price Index (SPPI) covering seven service sectors.

The Ministry of Commerce and Industry announced that the next provisional WPI data for July is scheduled for release in mid-August. The inflation rate in May had stood marginally lower at 9.68 percent, indicating a gradual upward trend in wholesale price inflation during the early summer months.