SF Prep Notes

WPI inflation eases slightly to 9.78% in July 2026; fuel and power at 20.05%

All-India Wholesale Price Index (WPI) inflation was 9.78% year-on-year in July 2026, down from 9.87% in June, with fuel and power inflation at 20.05%, the Ministry of Commerce and Industry said on 14 August 2026.

Summary

All-India Wholesale Price Index (WPI) inflation, on base year 2022-23, was 9.78% year-on-year in July 2026, compared with 9.87% in June 2026, according to provisional data released by the Ministry of Commerce and Industry on 14 August 2026. Inflation for Primary Articles was 8.52%, Fuel and Power 20.05% (down from 27.41% in June) and Manufactured Products 8.29%. The WPI Food Index, with a weight of 24.99%, showed inflation of 6.65%, up from 6.14% in June. Mineral oils, food articles and basic metals were among the main drivers.

Key facts

WPI inflation July 2026
9.78% (June: 9.87%)
Base year
2022-23
Primary articles
8.52%
Fuel & power
20.05% (June: 27.41%)
Manufactured products
8.29%
Food index
6.65% (weight 24.99%)

Practice MCQs 2 questions

Q1 Advanced

What was India's WPI inflation rate for July 2026 on a year-on-year basis?

Show answer

Correct answer: C — 9.78%

WPI inflation was 9.78% in July 2026, slightly lower than 9.87% in June; 6.65% was the food index, 8.52% primary articles and 20.05% fuel and power.

Q2 Advanced

Consider the following statements about WPI data for July 2026: 1. The current WPI series uses 2011-12 as its base year. 2. Fuel and Power inflation fell compared with June 2026. Which of the above is/are correct?

Show answer

Correct answer: B — 2 only

Only statement 2 is correct. The WPI series now uses base year 2022-23, and Fuel and Power inflation fell from 27.41% in June to 20.05% in July.

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