India’s wholesale fuel prices surged 24.71% year-on-year in April 2026, sharply picking up from a 1.05% increase in the previous month and marking the second consecutive month of growth. It was also the fastest rise since September 2022, driven by a sharp increase in global energy costs following the war in Iran, which disrupted supply flows through the Strait of Hormuz and heightened concerns over crude oil availability. Price pressures intensified across all major fuel categories, with high-speed diesel (HSD) rising 25.19% (vs 3.26% in March), petrol climbing 32.40% (vs 2.5%), and liquefied petroleum gas (LPG) increasing 10.92% after declining 1.54% previously. On a monthly basis, wholesale fuel prices jumped 18.22%, accelerating sharply from a 4.20% rise in March. source: Office of the Economic Advisor, India
WPI Fuel YoY in India averaged 7.01 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 May of 2026.
WPI Fuel YoY in India is expected to be 1.90 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.