Arya News - India`s Wholesale Price Index (WPI) for all commodities stood at 110.0 in July, marginally lower than 110.2 recorded in June.
NEW DELHI – India’s wholesale price inflation moderated slightly to 9.78 per cent in July 2026 from 9.87 per cent in June, even as food-related wholesale prices continued to show an upward trend, according to provisional data released by the Ministry of Commerce and Industry on Wednesday.
The Wholesale Price Index (WPI) for all commodities stood at 110.0 in July, marginally lower than 110.2 recorded in June.
Inflation across primary articles accelerated to 8.52 per cent in July from 7 per cent in the previous month. Manufacturing inflation also picked up, rising to 8.29 per cent from 7.48 per cent. In contrast, inflation in the fuel and power basket eased sharply to 20.05 per cent from 27.41 per cent in June.
The ministry said mineral oils, food items, basic metals, non-food articles, manufactured food products, and chemicals were among the key contributors to wholesale price inflation during the month.
The WPI Food Index, which combines food articles under primary articles with manufactured food products, rose to 6.65 per cent in July from 6.14 per cent in June.
Within primary articles, inflation in food articles remained broadly stable at 5.44 per cent, compared with 5.49 per cent in June. However, non-food articles saw a significant acceleration, with inflation rising to 17.66 per cent from 11.07 per cent. Mineral prices also increased, pushing inflation in the minerals category to 13.28 per cent from 9.45 per cent.
The fuel and power segment provided some relief to overall wholesale inflation. Mineral oils inflation fell to 32.4 per cent in July from 46.48 per cent in June, while inflation in crude petroleum and natural gas declined to 26.99 per cent from 34.75 per cent.
Electricity prices also moved into positive territory, with inflation at 1.09 per cent in July compared with a contraction of 0.76 per cent in June.
Price pressures strengthened across several manufacturing segments. Inflation in manufactured food products rose to 8.89 per cent in July from 7.2 per cent a month earlier.
Textile inflation climbed to 12.8 per cent from 10.85 per cent, while inflation in basic metals edged up to 12.56 per cent from 12.31 per cent. Chemicals and chemical products recorded inflation of 13.12 per cent, up from 12.78 per cent in June.
The ministry also revised the final WPI index for May 2026 to 110.1 from the earlier provisional reading of 109.9. As a result, WPI inflation for May was revised upwards to 9.88 per cent from the previously reported 9.68 per cent.
The final May figures were based on a weighted response rate of 98.14 per cent. For the provisional July estimate, the weighted response rate stood at 78.55 per cent.
Meanwhile, the all-India Output Producer Price Index for all commodities remained unchanged at 109.9 in July. The trial Input Producer Price Index for the manufacturing sector stood at 105.9 during the month.