WPI inflation eases marginally to 9.78% in July; food, fuel and power prices cool
India's wholesale price index (WPI) inflation eased to 9.78% in July 2026 as food, fuel and power prices cooled. It was the first month-on-month decline in wholesale inflation under the new 2022-23 base year series. The moderation offers some relief on the price front even as overall inflation remains elevated.
Nabka Insight
WPI is a key inflation gauge, and the new base year is itself examinable.
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- WPI inflation in July 2026: 9.78%
- Food, fuel and power prices eased
- First month-on-month drop under the new 2022-23 WPI base year
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