WPI inflation rises to 9.87% in June; minerals, food items see price spike
India's Wholesale Price Index (WPI) inflation rose to 9.87% in June 2026, driven largely by increased costs in food and mineral oils. The government attributes this spike to the ongoing crisis in West Asia and the blockade of the Strait of Hormuz.
Why it matters
Rising wholesale inflation impacts consumer prices and complicates the Reserve Bank of India's monetary policy decisions regarding interest rates.
Wholesale price inflation shot up to 9.87% in June, from 9.68% in May, led by a sharp spike in prices of food and non-food items.
The report relies on official government data and economic indicators without subjective framing.
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