wholesale price index

India's wholesale inflation surged to 8.30% in April 2026, a significant jump from March's 3.88%. This spike is primarily attributed to soaring fuel, power, and crude oil prices, exacerbated by the West Asia crisis. Mineral oils, basic metals, and manufactured products also contributed to the rise, impacting various sectors.

Indian consumers may soon face higher prices as wholesale inflation surges, driven by global conflicts impacting commodity and energy costs. While retail inflation remains soft for now, a widening gap between wholesale and consumer price indices suggests businesses will likely pass on increased production expenses, leading to costlier everyday goods and services in the coming months.

Positive inflation rate in March 2026 was mainly due to higher prices of crude petroleum and natural gas, manufactured products, non-food articles, basic metals and food items.

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Dwarka Expressway commuters face increased tolls from April 1, with cab users bearing the brunt of a 2-5% hike. This annual revision, linked to WPI, impacts single and return journeys, and monthly passes. Residents lament the added burden, especially with limited public transport options, urging authorities for relief and better connectivity.

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Government will launch a new series of wholesale price index (WPI) with 2004-05 as base from Tuesday. At present, 1993-94 is used as base year to calculate WPI.

Wholesale prices fell the most in five-and-a-half years in January as decline in oil and some food items resulted in a negative inflation or deflation of 0.39% for the month, raising hopes of rate cut by RBI.

Wholesale prices fell for the eighth consecutive month in June largely due to the impact of weak fuel prices but some food items displayed signs of firming up.

India imports a big percentage of its crude oil, LPG, and LNG needs and a substantial portion of that transits through the Strait of Hormuz which is a narrow maritime route, in effect closed since the start of the US-Israel-Iran war.

The Cabinet is expected to take up for consideration on Thursday a proposal to publish headline inflation data, based on wholesale price index, every month with the aim of making it more accurate and credible.

Inflation measured by the wholesale price index (WPI) eased to a five-year low in September due to softening vegetable and food prices, providing space for the Reserve Bank of India (RBI) to move on interest rates.

Food inflation marginally eased to 9.47% for the week ended September 3 but there is no respite for the common man as most of the items, like onions and potatoes, continued to remain expensive.

Food inflation entered the double- digit number after a gap of five months, at 10.05% for the week ended August 20, as onion, fruits, vegetables and protein-based items turned more expensive.

Food inflation remained in the negative zone for the third straight week, at minus 0.42 per cent for the week ended January 7, 2012 mainly due to fall in prices of onion and vegetables.