Latest News Stream - Wholesale Prices Yoy

India’s wholesale prices increased 11.39% year-on-year in September 2026, accelerating from a 9.92% rise in August and surpassing expectations of 10.18%. The data have been based on the new 2022–23 base year since September 2025. The acceleration was driven by faster increases in fuel, manufacturing, and food prices. Fuel inflation accelerated to 25.85% from 22.93% in August, mainly driven by faster increases in mineral oil prices (40.02% vs 38.48% in August) and crude petroleum and natural gas prices (57.32% vs 34.41%). Meanwhile, food inflation accelerated to 8.66% from 7.05% in August, as food article prices rose faster (8.14% vs 5.67%), while non-food article prices remained elevated but increased at a slower pace (10.28% vs 14.79%). Manufacturing inflation also accelerated to 9.76% from 8.37%, led by chemicals and chemical products (16.74%), tobacco products (12.90%), textiles (13.85%), rubber and plastics (13.47%), and basic metals (16.96%).

Germany’s wholesale prices jumped by 8.7% year-on-year in September 2026, accelerating from 6.8% in the previous month. The latest figure marked the fastest price growth since February 2023, driven largely by sharp increases in energy and intermediate goods prices amid ongoing hostilities in the Middle East. Prices rose at a faster pace for mineral oil products (+48.8%), non-ferrous ores, metals and semi-finished metal products (+24.9%), and grain, raw tobacco, seeds and animal feed (+19.3%). Moreover, prices increased for chemical products (+16.4%) and data processing and peripheral equipment (+12.1%). In contrast, prices fell for live animals (-15.1%), milk, dairy products, eggs, edible fats and oils (-9.7%), and meat and meat products (-6.0%). On a monthly basis, wholesale prices rose by 1.9% in September, accelerating from a 0.9% increase in the previous month. This marked the strongest monthly increase in five months and exceeded market expectations of 0.7%.

India’s wholesale prices increased 9.78% yoy in July 2026, slowing from a 9.87% gain in June, which was the fastest increase since September 2022 and below expectations of 9.95%. It was the softest increase since April, due to softer rises in fuel prices. The data are based on the new 2022–23 base year, replacing the earlier 2011–12 series. Fuel prices moderated (20.05% vs 27.41% in June), mainly driven by softer increases in mineral oil prices (32.4% vs 46.48%) and crude petroleum and natural gas prices (26.99% vs 34.75%). Meanwhile, food inflation accelerated slightly to 6.65% from 6.14% in June, as food article prices remained broadly elevated (5.44% vs 5.49% in June), while non-food article prices accelerated strongly (17.66% vs 11.07%). Also, manufacturing inflation accelerated to 8.29% from 7.48%, the fastest pace since June 2022, led by tobacco products (13.36%), chemicals and chemical products (13.12%), basic metals (12.56%), textiles (12.80%), and rubber & plastics (10.38%).

Germany’s wholesale prices rose 5.3% year-on-year in July 2026, accelerating from a 4.9% increase in the previous month, which had marked the slowest growth in three months. The latest result was the 20th consecutive month of wholesale price inflation, driven mainly by higher energy products and raw materials amid ongoing hostilities in the Middle East. Prices rose sharply for non-ferrous ores, metals and semi-finished products (27.8%) and mineral oil products (24.1%), followed by chemical products (13.1%) and information and communication technology equipment (9.0%). In contrast, prices fell for live animals (-18.5%), milk, dairy products, eggs, edible fats and oils (-9.4%), and meat and meat products (-6.1%). On a monthly basis, wholesale prices edged up 0.2%, reversing a 0.7% decline in June and marking the first increase in three months, although the rise was below the 0.4% expected.

India’s wholesale prices rose 9.87% yoy in June 2026, accelerating from a 9.68% gain in May and surpassing expectations of 9.15%. It was the fastest increase since September 2022, mainly driven by faster increases in food prices and a surge in fuel prices, while manufacturing prices also increased. The data are based on the new 2022–23 base year, replacing the earlier 2011–12 series. Fuel prices surged 27.41%, driven by a sharp rise in mineral oil prices (46.48%) and crude petroleum and natural gas prices (34.74%). Food inflation accelerated to 6.14% from 5.68% in May, marking the fastest increase since February 2025, with faster rises in both food articles (5.49% vs 3.60% in May) and non-food articles (11.07% vs 9.49%). Meanwhile, manufacturing inflation held steady at 7.48%, remaining at its fastest pace since August 2022, led by tobacco products (14.14% vs 13.59%), chemicals and chemical products (12.78% vs 13.40%), basic metals (12.31% vs 12.30%), and textiles (10.85% vs 10.22%).

Germany's wholesale prices rose 4.9% year-on-year in June 2026, easing from a 5.9% increase in May. Despite the slowdown, the latest reading marked the 19th consecutive month of wholesale price inflation, with energy products and raw materials remaining the main drivers amid the conflict in the Middle East. The sharpest price increases were recorded for mineral oil products (21.7%) and non-ferrous ores, non-ferrous metals, and semi-finished non-ferrous metal products (31.0%), followed by chemical products (14.9%) and iron, steel, and semi-finished ferrous metal products (8.2%). These increases, however, were partly offset by lower prices for live animals (-16.0%), coffee, tea, cocoa, and spices (-10.0%), and milk, dairy products, eggs, edible fats, and oils (-8.5%). On a monthly basis, wholesale prices fell 0.7% in June, following a 0.6% drop in May, marking the second consecutive monthly decline and contrasted with market expectations for a 0.5% rise.

Germany's wholesale prices increased 5.9% year-on-year in May 2026, easing from a 6.3% rise in April, which had marked the strongest annual increase since February 2023. Despite the slowdown, wholesale inflation extended its upward trend for an 18th consecutive month, largely reflecting the impact of Middle East hostilities on commodity markets. Prices continued to surge for petroleum products (30.5%) and non-ferrous ores, metals, and related semi-finished products (36.1%). Further increases were seen in chemical products (13.3%), flowers and plants (8.5%), and iron, steel, and semi-finished products (6.7%). Meanwhile, prices fell for coffee, tea, cocoa, and spices (-10.7%), live animals (-10.1%), and milk, dairy products, eggs, edible oils, and fats (-8.1%). On a monthly basis, wholesale prices dropped 0.6%, reversing April's 2.0% increase and marking the first monthly decline since December, compared with market expectations for a 0.8% rise.

Germany’s wholesale prices surged 6.3% year-on-year in April 2026, accelerating from a 4.1% growth in the prior month and marking the 17th consecutive increase. It was also the fastest rise since February 2023, driven by a 37.3 jump in prices of petroleum products and a 40.2% climb in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished products. Prices were also higher for flowers and plants (9.3%) and chemical products (7.3%). In contrast, prices declined for milk, dairy products, eggs, edible oils and edible fats (-7.8%), and coffee, tea, cocoa, and spices (-7.5%). On a monthly basis, wholesale prices increased 2.0%, slowing from March's 2.7% despite exceeding market forecasts of 1%.

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.

Germany’s wholesale prices surged 4.1% year-on-year in March 2026, accelerating from a 1.2% growth in the prior three months and marking the 16th consecutive increase. It was also the fastest rise since February 2023, driven by a 17.8 jump in prices of petroleum products and a 48.4% climb in the cost of non-ferrous ores, non-ferrous metals, and related semi-finished products. Prices were also higher for sugar, confectionery, and baked goods (6.1%), and tobacco products (5.9%). In contrast, prices declined for coffee, tea, cocoa and spices (-8.9%), milk, dairy products, eggs, edible oils and edible fats (-8.3%), flour and cereal products (-5.8%), and grain, unmanufactured tobacco, seeds and animal feeds (-3.4%). On a monthly basis, wholesale prices increased 2.7%, picking up from 0.6% in February and topping market estimates of a 0.4% rise.