empty
 
 

2026.10.1406:46:08UTC+00India Wholesale Price Inflation Tops Forecasts

India’s wholesale prices rose 11.39% year-on-year in September 2026, up from 9.92% in August and above market expectations of a 10.18% increase. The figures are calculated using the new 2022–23 base year, which has replaced the earlier 2011–12 series.

The faster overall inflation was driven by stronger price increases in fuel, manufactured products, and food.

Fuel inflation climbed to 25.85% from 22.93% in August, largely due to a sharper rise in mineral oil prices (40.02% vs 38.48% in August) and in crude petroleum and natural gas (57.32% vs 34.41%).

Food inflation also quickened, reaching 8.66% compared with 7.05% in August. This reflected a faster increase in food article prices (8.14% vs 5.67%), while non-food article prices remained high but grew more slowly than before (10.28% vs 14.79%).

Manufacturing inflation accelerated to 9.76% from 8.37%, driven by higher prices for chemicals and chemical products (16.74%), tobacco products (12.90%), textiles (13.85%), rubber and plastics (13.47%), and basic metals (16.96%).

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In October we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback