India Wholesale Inflation at 4-Month High of 3.18%

Wholesale prices in India rose by 3.18 percent year-on-year in April of 2018, after a 2.47 percent gain in the prior month and above market estimates of 2.86 percent. It was the highest wholesale inflation since December 2017, as cost increased at a faster pace for manufactured products and fuel, while prices of food rebounded.
Office of the Economic Adviser l Rida | rida@tradingeconomics.com
5/14/2018 6:57:41 AM
In April, cost of primary articles increased at a faster 1.41 percent (from 0.24 percent in March), as cost of food rebounded (0.87 percent from -0.29 percent in a month earlier), namely potato (67.94 percent). Also, cost increased more for manufactured products (3.11 percent from 3.03 percent), and fuel and power (7.85 percent from 4.7 percent). 

On a monthly basis, wholesale prices increased by 0.7 percent, compared to a 0.2 percent rise in March.

India Wholesale Inflation at 4-Month High of 3.18%



News

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady. Prices for fuel and power rebounded (1.05% vs. -3.78%), boosted by a recovery in petrol prices (2.50% vs. -5.38%) and HSD (3.26% vs. -3.27%). Meanwhile, manufacturing inflation accelerated (3.39% vs. 2.92%), led by textiles (4.91% vs. 3.29%), leather and related products (3.03% vs. 1.58%), and chemicals and chemical products (2.19% vs. 0.55%).
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% yoy in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady. Prices for fuel and power rebounded (1.05% vs -3.78%), marking the first rise in a year, boosted by a recovery in petrol prices (2.50% vs -5.38%) and HSD (3.26% vs -3.27%). Meanwhile, manufacturing inflation accelerated to 3.39% from 2.92%, marking the fastest pace since November 2022, led by textiles (4.91% vs 3.29%), leather and related products (3.03% vs 1.58%), and chemicals and chemical products (2.19% vs 0.55%). Also, primary articles rose faster (6.36% vs 3.27%), mainly due to higher costs of non-food articles (11.50% vs 8.80%), while the food index remained at 1.85%. Monthly, wholesale prices rose 1.64%, accelerating from an upwardly revised 0.38% gain in February.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% yoy in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of 3%. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, amid geopolitical tensions in the Middle East. Food inflation remained steady. Prices for fuel and power rebounded (1.05% vs -3.78%), marking the first rise in a year, boosted by a recovery in petrol prices (2.50% vs -5.38%) and HSD (3.26% vs -3.27%). Meanwhile, manufacturing inflation accelerated to 3.39% from 2.92%, marking the fastest pace since November 2022, led by textiles (4.91% vs 3.29%), leather and related products (3.03% vs 1.58%), and chemicals and chemicals (2.19% vs 0.55%). Also, primary articles rose faster (6.36% vs 3.27%), mainly due to higher costs of non-food articles (11.50% vs 8.80%), while the food index remained at 1.85%. Monthly, wholesale prices rose 1.64%, accelerating from 0.38% in February.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady. Prices for fuel and power rebounded (1.05% vs. -3.78%), boosted by a recovery in petrol prices (2.50% vs. -5.38%) and HSD (3.26% vs. -3.27%). Meanwhile, manufacturing inflation accelerated (3.39% vs. 2.92%), led by textiles (4.91% vs. 3.29%), leather and related products (3.03% vs. 1.58%), and chemicals and chemical products (2.19% vs. 0.55%). Also, primary articles rose faster (6.36% vs. 3.27%), mainly due to higher costs of non-food articles (11.50% vs. 8.80%), while the food index remained at 1.85%.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady. Prices for fuel and power rebounded (1.05% vs. -3.78%), boosted by a recovery in petrol prices (2.50% vs. -5.38%) and HSD (3.26% vs. -3.27%). Meanwhile, manufacturing inflation accelerated (3.39% vs. 2.92%), led by textiles (4.91% vs. 3.29%), leather and related products (3.03% vs. 1.58%), and chemicals and chemical products (2.19% vs. 0.55%). Also, primary articles rose faster (6.36% vs. 3.27%), mainly due to higher costs of non-food articles (11.50% vs. 8.80%), while the food index remained at 1.85%. On a monthly basis, wholesale prices rose 1.64%, accelerating from an upwardly revised 0.38% gain in February.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady.
Published on 2026-04-15

India Wholesale Inflation at Over 3-Year High
India’s wholesale prices increased 3.88% year-on-year in March 2026, accelerating from a 2.13% rise in February and surpassing expectations of a 3% increase. This marked the fastest growth since January 2023, driven by a quicker rise in manufacturing costs and a rebound in fuel prices, while food inflation remained steady. Prices for fuel and power rebounded (1.05% vs -3.78%), boosted by a recovery in petrol prices (2.50% vs -5.38%) and HSD (3.26% vs -3.27%). Meanwhile, manufacturing inflation accelerated to 3.39% from 2.92%, marking the fastest pace since November 2022, led by textiles (4.91% vs 3.29%), leather and related products (3.03% vs 1.58%), and chemicals and chemical products (2.19% vs 0.55%). Also, primary articles rose faster (6.36% vs 3.27%), mainly due to higher costs of non-food articles (11.50% vs 8.80%), while the food index remained at 1.85%. On a monthly basis, wholesale prices rose 1.64%, accelerating from an upwardly revised 0.38% gain in February.
Published on 2026-04-15

India Wholesale Inflation Rises to 1-Year High
India’s wholesale prices rose 2.13% year-on-year in February 2026, accelerating from a 1.81% increase in January and exceeding expectations of a 2% gain. This marked the fastest rise since February last year, driven by a pickup in inflation for primary articles (3.27% vs 2.21% in January), mainly due to higher costs of food articles (2.19% vs 1.55%) and a sharp acceleration in non-food articles inflation (8.80% vs 4.97%), pushed by a surge in oilseed prices (25.38% vs 0.11%). Price growth also increased for manufactured products (2.92% vs 2.86%), led by tobacco products (6.28% vs 1.38%), textiles (3.29% vs 2.48%), wearing apparel (2.14% vs 2.08%), and leather and related products (1.58% vs 0.78%). Meanwhile, prices for fuel and power continued to decline (-3.78% vs -4.01%), reflecting sustained drops in LPG (-4.63% vs -7.68%), petrol (-5.38% vs -4.58%), and HSD (-3.72% vs -4.26%). On a monthly basis, wholesale prices rose 0.25%, easing from a revised 0.38% increase in January.
Published on 2026-03-16

India Wholesale Inflation Rises to 1-Year High
India’s wholesale prices rose 2.13% year-on-year in February 2026, accelerating from a 1.81% increase in January and exceeding expectations of a 2% gain. This marked the fastest rise since February last year, driven by a pickup in inflation for primary articles (3.27% vs 2.21% in January), mainly due to higher costs of food articles (2.19% vs 1.55%) and a sharp acceleration in non-food articles inflation (8.80% vs 4.97%), pushed by a surge in oilseed prices (25.38% vs 0.11%). Price growth also increased for manufactured products (2.92% vs 2.86%), led by tobacco products (6.28% vs 1.38%), textiles (3.29% vs 2.48%), wearing apparel (2.14% vs 2.08%), and leather and related products (1.58% vs 0.78%). Meanwhile, prices for fuel and power continued to decline (-3.78% vs -4.01%), reflecting sustained drops in LPG (-4.63% vs -7.68%), petrol (-5.38% vs -4.58%), and HSD (-3.72% vs -4.26%). On a monthly basis, wholesale prices rose 0.25%, easing from a revised 0.38% increase in January.
Published on 2026-03-16

India Wholesale Prices Rise at Fastest Pace in 10 Months
India’s wholesale prices rose 1.81% year-on-year in January 2026, accelerating from a 0.83% increase in December and exceeding the expected 1.25% rise. This marked the sharpest growth since March 2025, driven by a pickup in manufacturing inflation (2.86% vs 1.82% in December), particularly in textiles (2.48% vs 1.68%) and wearing apparel (2.08% vs 1.55%). Inflation also accelerated for food, rising 1.41% after showing no growth in December, driven by a rebound in food articles (1.55% vs -0.43%), including vegetables (6.78% vs -3.50%), alongside faster increase in costs of eggs, meat, and fish (3.66% vs 1.14%). Meanwhile, fuel costs dropped sharply by 4.01% (vs -2.31%), the steepest decline since October 2024, reflecting ongoing deflation in LPG (-7.68% vs -14.04%), petrol (-4.58% vs -1.88%), and HSD (-4.29% vs -2.07%). On a monthly basis, wholesale prices increased 0.51%, matching the pace in the previous period.
Published on 2026-02-16

India Wholesale Prices Rise at Fastest Pace in 10 Months
India’s wholesale prices rose 1.81% year-on-year in January 2026, accelerating from a 0.83% increase in December and exceeding the expected 1.25% rise. This marked the sharpest growth since March 2025, driven by a pickup in manufacturing inflation (2.86% vs 1.82% in December), particularly in textiles (2.48% vs 1.68%) and wearing apparel (2.08% vs 1.55%). Inflation also accelerated for food, rising 1.41% after showing no growth in December. Meanwhile, fuel costs dropped sharply by 4.01% (vs -2.31%), the steepest decline since October 2024, reflecting ongoing deflation in LPG (-7.68% vs -14.04%), petrol (-4.58% vs -1.88%), and HSD (-4.29% vs -2.07%). On a monthly basis, wholesale prices increased 0.51%, matching the pace in the previous period.
Published on 2026-02-16

India Wholesale Prices Rise at Fastest Pace in 10 Months
India’s wholesale prices rose 1.81% year-on-year in January 2026, accelerating from a 0.83% increase in December and exceeding the expected 1.25% rise. This marked the sharpest growth since March 2025, driven by a pickup in manufacturing inflation (2.86% vs 1.82% in December), particularly in textiles (2.48% vs 1.68%) and wearing apparel (2.08% vs 1.55%). Inflation also accelerated for food, rising 1.41% after showing no growth in December, driven by a rebound in food articles (1.55% vs -0.43%), including vegetables (6.78% vs -3.50%), alongside faster increase in costs of eggs, meat, and fish (3.66% vs 1.14%). Meanwhile, fuel costs dropped sharply by 4.01% (vs -2.31%), the steepest decline since October 2024, reflecting ongoing deflation in LPG (-7.68% vs -14.04%), petrol (-4.58% vs -1.88%), and HSD (-4.29% vs -2.07%). On a monthly basis, wholesale prices increased 0.51%, matching the pace in the previous period.
Published on 2026-02-16

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April. The rebound was mainly supported by faster rises in manufacturing prices and a softer decline in fuel prices.
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April, mainly supported by faster rises in manufacturing prices. Manufacturing inflation accelerated to 1.82% from 1.33% in November, marking the fastest increase in three months. Notable gains were recorded in food products (0.90% vs 0.62%), pharmaceuticals, medicinal chemical and botanical products (1.60% vs 1.39%), and cement, lime & plaster (0.30% vs 0.08%). Additionally, food prices were unchanged after falling 2.27% in November, supported by rises in the prices of milk (3.23%), fruits (1.97%), and eggs, meat & fish (1.14%). Meanwhile, fuel prices continued to decline (-2.31% vs -2.27% in November), weighed down by lower prices for LPG (-14.04%), petrol (-1.88%), and HSD (-2.07%).
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April. The rebound was mainly supported by faster rises in manufacturing prices.
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April, mainly supported by faster rises in manufacturing prices. Manufacturing inflation accelerated to 1.82% from 1.33% in November, marking the fastest increase in three months. Notable gains were recorded in food products (0.90% vs 0.62%), pharmaceuticals, medicinal chemical and botanical products (1.60% vs 1.39%), and cement, lime & plaster (0.31% vs 0.08%). Additionally, food prices were unchanged after falling 2.27% in November, supported by rises in the prices of milk (3.23%), fruits (1.97%), and eggs, meat & fish (1.14%). Meanwhile, fuel prices continued to decline (-2.31% vs -2.27% in November), weighed down by lower prices for LPG (-14.04%), petrol (-1.88%), and HSD (-2.07%).
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April. The rebound was mainly supported by faster rises in manufacturing prices. Manufacturing inflation accelerated to 1.82% from 1.33% in November, marking the fastest increase in three months. Notable gains were recorded in food products (0.90% vs 0.62%), pharmaceuticals, medicinal chemical and botanical products (1.60% vs 1.39%), and cement, lime & plaster (0.30% vs 0.08%).
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April, mainly supported by faster rises in manufacturing prices. Manufacturing inflation accelerated to 1.82% from 1.33% in November, marking the fastest increase in three months. Notable gains were recorded in food products (0.90% vs 0.62%), pharmaceuticals, medicinal chemical and botanical products (1.60% vs 1.39%), and cement, lime & plaster (0.31% vs 0.08%). Additionally, food prices were unchanged after falling 2.60% in November, supported by rises in the prices of milk (3.23%), fruits (1.97%), and eggs, meat & fish (1.14%). Meanwhile, fuel prices continued to decline (-2.31% vs -2.27% in November), weighed down by lower prices for LPG (-14.04%), petrol (-1.88%), and HSD (-2.07%). Monthly, the WPI rose 0.71%, afte a 52% gain in November.
Published on 2026-01-14

India Wholesale Prices Rise the Most in 8 Months
India’s wholesale prices increased 0.83% year-on-year in December 2025, surpassing market expectations of a 0.30% rise and rebounding from a 0.32% drop in November. This marked the first increase in three months and the fastest pace since April, mainly supported by faster rises in manufacturing prices. Manufacturing inflation accelerated to 1.82% from 1.33% in November, marking the fastest increase in three months. Notable gains were recorded in food products (0.90% vs 0.62%), pharmaceuticals, medicinal chemical and botanical products (1.60% vs 1.39%), and cement, lime & plaster (0.31% vs 0.08%). Additionally, food prices were unchanged after falling 2.60% in November, supported by rises in the prices of milk (3.23%), fruits (1.97%), and eggs, meat & fish (1.14%). Meanwhile, fuel prices continued to decline (-2.31% vs -2.27% in November), weighed down by lower prices for LPG (-14.04%), petrol (-1.88%), and HSD (-2.07%). Monthly, the WPI rose 0.71%, after a 52% gain in November.
Published on 2026-01-14