India's wholesale fuel and power prices surged 30.33% year-on-year in May 2026, accelerating from a 24.71% increase in the previous month. The data are based on the new 2022–23 base year, replacing the previous 2011–12 series. The sharp increase reflected higher global energy costs following the conflict in Iran, which disrupted supply flows through the Strait of Hormuz. Prices for crude petroleum and natural gas rose at a faster pace (61.51% vs 56.31% in April), while inflation for mineral oils also quickened (49.82% vs 40.74%). Meanwhile, a decline in electricity prices eased (-1.85% vs -2.68%). In contrast, prices for coal and lignite fell at a steeper rate (-2.26% vs -1.57%). source: Office of the Economic Advisor, India
WPI Fuel YoY in India averaged 7.07 percent from 1995 until 2026, reaching an all time high of 50.95 percent in June of 2022 and a record low of -25.57 percent in February of 2015. This page includes a chart with historical data for India WPI Fuel and Power YoY. India WPI Fuel and Power YoY - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.
WPI Fuel YoY in India is expected to be 25.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India WPI Fuel and Power YoY is projected to trend around 2.30 percent in 2027, according to our econometric models.