India WPI inflation rises to 9.87% in June on higher food prices

India's wholesale inflation accelerated further in June, reaching its highest level in more than two years as rising food, fuel, and manufacturing costs sustained pressure on the economy. Government data released on Tuesday, July 14, 2026, showed the Wholesale Price Index (WPI) inflation climbed to 9.87 percent, up from 9.68 percent in May.

The increase was driven primarily by a sharp rise in food prices, with food inflation jumping to 5.49 percent in June from 3.60 percent in May. Officials attributed the food price surge to a rainfall deficit linked to El Nino conditions. Non-food articles also saw inflation rise to 11.07 percent. The Commerce and Industry Ministry identified mineral oils containing petroleum products, food articles, manufacture of basic metals, and manufacture of chemicals and chemical products as the major drivers of inflation for the month.

While inflation in the fuel and power category moderated slightly, it remained elevated at 27.41 percent in June, down from a peak of 30.33 percent in May. Inflation for manufactured products held steady at 7.48 percent. The government noted that the latest figures reflect the economic impact of the West Asia conflict...