WPI inflation eases to 9.78% in July as food, fuel and power cool
Wholesale Price Index inflation eased marginally to 9.78% in July 2026 as food, fuel and power prices cooled. It marked the first month-on-month decline in WPI inflation under the new 2022-23 base year, offering some relief on the wholesale-price front even as the rate stayed elevated.
Nabka Insight
WPI is a key inflation gauge, and its base-year revision is itself a testable fact.
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- WPI inflation in July 2026: 9.78%
- First month-on-month drop under the new 2022-23 base year
- Easing driven by cooling food, fuel and power prices
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