India's wholesale price inflation eased marginally to 9.78% in July 2026 as food, fuel and power prices cooled. Notably, this was the first month-on-month decline in WPI inflation under the government's new 2022-23 base year series, signalling some softening of wholesale price pressures even as the headline rate remained elevated.
Nabka Insight
WPI easing and the switch to a new base year — both examinable index facts.
Powered by AIKey facts
- WPI inflation eased to 9.78% in July 2026.
- First month-on-month drop under the new 2022-23 base year series.
- Food, fuel and power prices cooled during the month.
Relevant forBanking · SSC · State PSC · UPSC