WPI inflation eases to 9.78% in July 2026, first fall under the new base year
Key facts
- WPI inflation eased to 9.78% in July 2026 from 9.87% in June.
- It is the first month-on-month fall under the new 2022-23 base year.
- Fuel and power inflation fell to 20.05% from 27.41%.
- Manufactured products inflation rose to 8.29%.
Why it matters
[Economy] The West Asia war and the Hormuz blockade pushed up crude and fertiliser prices. WPI tracks producer-level prices. The gap with CPI at 4.45% shows costs not yet passed on to shoppers.
Asked before: CDS II 2023 asked which factors raised Wholesale Price Inflation in 2021-22.
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