India Wholesale Prices Rise the Most in 8 Months

2026-01-14 06:35 By Chusnul Chotimah 1 min. read

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.



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India Wholesale Prices Rise at Fastest Pace in 10 Months
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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.
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