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. source: Office of the Economic Advisor, India

Producer Prices in India increased 2.13 percent in February of 2026 over the same month in the previous year. Producer Prices Change in India averaged 6.66 percent from 1969 until 2026, reaching an all time high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976. This page provides the latest reported value for - India Wholesale Price Index Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Wholesale Price Index Change - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Producer Prices in India increased 2.13 percent in February of 2026 over the same month in the previous year. Producer Prices Change in India is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Wholesale Price Index Change is projected to trend around 2.40 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-16 06:30 AM
WPI Inflation YoY
Jan 1.81% 0.83% 1.25% 1.2%
2026-03-16 06:30 AM
WPI Inflation YoY
Feb 2.13% 1.81% 2% 2.0%
2026-04-14 06:30 AM
WPI Inflation YoY
Mar 2.13% 2.2%

Components Last Previous Unit Reference
WPI Food Index YoY 1.85 1.41 percent Feb 2026

Related Last Previous Unit Reference
Producer Price Inflation MoM 0.25 0.38 percent Feb 2026
Producer Prices 158.20 157.80 points Feb 2026
WPI Inflation YoY 2.13 1.81 percent Feb 2026
WPI Fuel YoY -3.78 -4.01 percent Feb 2026
WPI Manufacturing YoY 2.92 2.86 percent Feb 2026


India Wholesale Price Index Change
In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
2.13 1.81 34.68 -11.31 1969 - 2026 percent Monthly

News Stream
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.
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.
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, 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.
2026-01-14