Annual wholesale price inflation rate in India edged up to 11.39 percent in August of 2021, from 11.16 percent in the previous month, above market forecasts of 10.75 percent. Inflation accelerated for the first time in 3 months, led by fuel and power (26.09% vs 26.02% in July), primary articles (6.2% vs 5.72%), manufactured products (11.39% vs 11.2%) and chemicals (12.14% vs 11.13%) but eased for food (3.43% vs 4.46%). source: Office of the Economic Advisor, India

Producer Prices Change in India averaged 6.87 percent from 1969 until 2021, reaching an all time high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976. This page provides the latest reported value for - India Wholesale Price Index Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Wholesale Price Index Change - data, historical chart, forecasts and calendar of releases - was last updated on September of 2021.

Producer Prices Change in India is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Wholesale Price Index Change is projected to trend around 4.50 percent in 2022, according to our econometric models.

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India Wholesale Price Index Change

Actual Previous Highest Lowest Dates Unit Frequency
11.39 11.16 34.68 -11.31 1969 - 2021 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-09-14 06:30 AM WPI Fuel YoY Aug 26.09% 26.02%
2021-09-14 06:30 AM WPI Manufacturing YoY Aug 11.39% 11.2%
2021-09-14 06:30 AM WPI Food YoY Aug 3.43% 4.46%
2021-09-14 06:30 AM WPI Inflation YoY Aug 11.39% 11.16% 10.75% 10.8%
2021-10-14 06:30 AM WPI Inflation YoY Sep
2021-11-16 06:30 AM WPI Inflation YoY Oct
2021-12-14 06:30 AM WPI Inflation YoY Nov


News Stream
India Wholesale Inflation Accelerates
Annual wholesale price inflation rate in India edged up to 11.39 percent in August of 2021, from 11.16 percent in the previous month, above market forecasts of 10.75 percent. Inflation accelerated for the first time in 3 months, led by fuel and power (26.09% vs 26.02% in July), primary articles (6.2% vs 5.72%), manufactured products (11.39% vs 11.2%) and chemicals (12.14% vs 11.13%) but eased for food (3.43% vs 4.46%).
2021-09-14
India Wholesale Price Inflation Slows More than Forecast
The wholesale price inflation rate in India eased to 11.16 percent year-on-year in July 2021, from 12.07 percent in the previous month and slightly below market expectations of 11.30 percent. Cost for primary articles advanced at a softer pace (5.72 percent vs 7.74 percent) as food articles were unchanged (vs 3.09 percent in June) while non-food articles inflation accelerated (22.94 percent vs 18.86 percent). In addition, prices of fuel & power advanced 26.02 percent, slower than 32.83 percent in June; while manufactured products inflation rose to 11.20 percent from 10.88 percent. On a monthly basis, wholesale prices increased by 0.6 percent in July, the same pace as in the previous month.
2021-08-16
India Wholesale Prices Rise Less than Expected
Wholesale prices in India rose by 12.07 percent year-on-year in June 2021, below market consensus of a 12.23 percent rise, and easing from a near 22 ½-year high of 12.94 percent gain a month earlier. Biggest increase came from cost of fuel and power (32.83 percent vs 37.61 percent in May), followed by manufactured products (10.88 percent vs 10.83 percent), namely vegetables and animal oils and fat (44.28 percent); and primary articles (7.74 percent vs 9.61 percent), namely food (3.09 percent vs 4.31 percent), of which onion (64.32 percent) and pulses (11.49).
2021-07-14
India Wholesale Inflation Highest Since 1998
Wholesale prices in India rose by 12.94 percent year-on-year in May 2021, accelerating from a 10.49 percent gain a month earlier and compared with market consensus of 13.07 percent. This was the highest wholesale inflation rate since December 1998, amid low base effect last year, when the coronavirus pandemic weighed on demand and prices. Biggest increase came from cost of fuel and power (37.61 percent vs 20.94 percent in April), followed by primary articles (9.61 percent vs 10.16 percent), namely food (4.31 percent vs 4.92 percent), of which fruits (20.17 percent) and onion (23.24 percent); and manufactured products (10.83 percent vs 9.01 percent), namely vegetables and animal oils and fat (51.71 percent).
2021-06-14

India Wholesale Price Index Change
In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Fuel and Power (13.2 percent), Primary Articles (22.6 percent of total weight) and Manufactured Products (64.2 percent). Food Articles from the Primary Articles Group account for 15.2 percent of the total weight. The most important components of the Manufactured Products Group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent).