WPI Jumps to 9.87% as Food and Fuel Prices Rise; Manufacturing Output PPI Reaches 109.9
Wholesale Price Index (WPI) Surges on Input Costs and Commodity Climbs
The All India Wholesale Price Index (WPI), provisional for June 2026, has recorded a sharp increase, reaching 9.87 per cent year-on-year (YoY). This marks an acceleration from the 9.68 per cent rate observed in May 2026. The overall commodity index stood at 110.2 in June 2026, moving up marginally from 109.9 recorded in May 2026.The rise is largely attributed to major inflationary pressures across several sectors. Key contributors driving the WPI hike included Mineral Oils (containing Petroleum Products), Food Articles, the Manufacture of Basic Metals, and the Manufacturing of Chemicals and Chemical Products.
Inflation in Primary Articles saw a substantial jump, registering at 7.0 per cent YoY, up from 4.99 per cent in May 2026. Fuel and Power also registered significant inflationary pressure, rising to 27.41 per cent, compared to 30.33 per cent recorded in May 2026.
The Food Index, which carries a weight of 24.99 per cent, registered a YoY inflation of 6.14 per cent in June 2026, showing an increase from the 4.49 per cent rate in the preceding month.
Manufacturing Output Prices Cross Key Threshold
The provisional estimates for the Output Producer Price Index (PPI) for June 2026 indicate continued strength in manufacturing prices. All India Output PPI for all commodities stood at 109.9, up slightly from 109.6 recorded in May 2026.Mining and Quarrying witnessed particularly sharp increases within the production indices. The index of Mining and Quarrying reported a massive rise, while Extraction of Crude Petroleum and Natural Gas reached 114.2. Mineral Oils saw an increase to 122.9 in June 2026.
Manufactured Products maintained robust growth momentum across the six-month period. The Manufacturing category index held steady at 107.8 for two consecutive months, May and June 2026. Manufacture of Textiles registered a considerable rise up to 104.3 in June 2026.
Input PPI Reaches 107.1 as Costs Mount
The provisional estimate of the Trial Input Producer Price Index (IPPI) for all manufacturing industries reported at 107.1 for June 2026. This figure is an increase from the 104.9 level recorded in May 2026.Variations across NIC-2-digit groups demonstrated uneven cost pressures within the industrial input sector. The Manufacture of Food Products registered a robust index at 112.2, reflecting rising costs for those inputs. Manufacture of Chemicals and Chemical Products also showed strong upward momentum, reaching 112.5 in June 2026.
In contrast, other sectors showed mixed movement. Manufacturing of Leather and Related Products held steady at 96.0. The Manufacturing of Other Non-Metallic Mineral Products registered 92.6, indicating fluctuating input costs across those specific sub-segments.
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