wholesale price based inflation – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 14 Sep 2026 07:33:00 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://artifex.news/wp-content/uploads/2026/05/cropped-cropped-app-logo-32x32.png wholesale price based inflation – Artifex.News https://artifex.news 32 32 WPI inflation rises to 9.92% in August on rising prices of food, fuel, manufactured items https://artifex.news/article71465582-ece/ Mon, 14 Sep 2026 07:33:00 +0000 https://artifex.news/article71465582-ece/ Read More “WPI inflation rises to 9.92% in August on rising prices of food, fuel, manufactured items” »

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Representational file image.
| Photo Credit: K. Murali Kumar

Wholesale price-based inflation rose to 9.92% in August, compared to 9.78% in July, on rising prices of food, manufactured items, and fuel and power, government data showed on Monday.

Inflation in the food index rose to 7.05% in August, from 6.65% in July.

In manufactured items, WPI inflation was at a series high of 8.37%, higher than 8.29% in July.

In the fuel and power basket, wholesale price index (WPI)-based inflation was 22.93%.

“Across groups, mineral oils [containing petroleum products], food articles, manufacture of food products, manufacture of basic metals, non-food articles, and manufacture of chemicals and chemical products have been major drivers of WPI inflation in August 2026,” the Commerce and Industry Ministry said while releasing the WPI data.

The WPI has been on an upward trajectory since the beginning of this fiscal year as the West Asia war and the resultant blockade of the Strait of Hormuz, through which the majority of crude oil is imported into India, pushed up global crude and fertiliser costs with a spillover effect on food prices.

The Reserve Bank’s monetary policy committee, last month, kept benchmark policy rates unchanged at 5.25% and projected retail inflation at 5% for FY27, citing deficient and uneven South-West monsoon amidst El Nino conditions.

Published – September 14, 2026 01:03 pm IST



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]]> Wholesale inflation stays in negative for fourth month at (-) 1.36% in July https://artifex.news/article67193216-ece/ Mon, 14 Aug 2023 06:59:04 +0000 https://artifex.news/article67193216-ece/ Read More “Wholesale inflation stays in negative for fourth month at (-) 1.36% in July” »

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Image used for representational purpose only.
| Photo Credit: Reuters

The wholesale price based inflation remained in the negative territory for the fourth straight month in July at (-)1.36% on easing prices of fuel, even though food articles turned costlier.

The wholesale price index (WPI) based inflation rate has been in the negative since April and was (-)4.12% in June. In July last year it was 14.07%.

Inflation in food articles skyrocketed 14.2% in July against 1.32% in June.

“Decline in the rate of inflation in July, 2023 is primarily contributed by fall in prices of mineral oils, basic metals, chemical & chemical products, textiles and food products,” the commerce and industry ministry said on August 14.

Fuel and power basket inflation eased to (-)12.79% in July from (-)12.63% in June.

In manufactured products, the inflation rate was (-)2.51% as against (-)2.71% in June.

The RBI last week kept interest rates unchanged at 6.5% for the third straight meeting but signalled tighter policy if food prices drive inflation higher.

“The job on inflation is still not done,” RBI Governor Shaktikanta Das had said.

“Inflationary risks persist amidst volatile international food and energy prices, lingering geopolitical tensions and weather-related uncertainties.”

The RBI raised its inflation forecast for the current financial year ending March 2024 to 5.4% from 5.1% earlier, citing pressures from food prices.

The Central bank takes into account retail or consumer price index based inflation for formulating monetary policy. Retail inflation data for July is scheduled to be released later in the day.



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