WPI Inflation
India's wholesale inflation surges to 11.39% in September: Here's what drove the jump
India's wholesale price index (WPI)-based inflation rose to 11.39% year-on-year (YoY) in September 2026, up from 9.92% in August, according to government data released on Wednesday, amid the ongoing festive season.
The All India WPI for all commodities stood at 112.5 in September, compared with 110.8 in August, reflecting an increase in wholesale prices.
Inflation across major commodity groups also accelerated during the month. The annual inflation rate for Primary Articles rose to 8.67% in September from 7.76% in August. Inflation in Fuel and Power increased to 25.85% from 22.93%, while inflation in Manufactured Products climbed to 9.76% from 8.37%.
The index for Primary Articles stood at 120.3 in September, compared with 118.1 in August. The Fuel and Power index rose to 110.5 from 108.3, while the index for Manufactured Products increased to 110.2 from 108.8.
According to the government data, key drivers of wholesale inflation during September included mineral oils and petroleum products, food articles, crude petroleum and natural gas, coal and lignite, basic metals, chemicals and chemical products, textiles, rubber and plastic products, and electrical equipment.
WPI Food Inflation Rises to 8.66%
The Wholesale Price Index Food Index, which has a weight of 24.99% in the overall index, recorded annual inflation of 8.66% in September 2026, compared with 7.05% in August.
The Food Index comprises food articles under the Primary Articles group and manufactured food products under the Manufactured Products group.
The increase in wholesale inflation across major commodity groups, particularly fuel and power, highlights continued price pressures at the wholesale level.
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