India’s Wholesale Inflation Jumps To 11.39% In September, Highest On New Base Year
India’s wholesale price inflation rose sharply to 11.39% in September 2026, up from 9.92% in August, according to provisional data released by the Ministry of Commerce and Industry. This is the highest reading since the Wholesale Price Index was rebased to 2022-23.
Fuel and power inflation climbed to 25.85% (from 22.93% in August), driven by higher crude petroleum and natural gas costs. Manufactured products inflation rose to 9.76%, primary articles to 8.67%, and the WPI Food Index rose to 8.66% from 7.05% in August. Core WPI inflation, which strips out volatile food and fuel components, rose to a record 9.8% from 8.1% in August.
The all-commodities WPI index level stood at 112.5 in September, up from 110.8 in August. The provisional data was compiled with an 83.4% weighted response rate and is subject to revision.
