Wholesale inflation rises to 0.83% in December

India’s wholesale inflation, as measured by the Wholesale Price Index (WPI), went up in December 2025, rising to 0.83% year-on-year from a 0.32% contraction in November, according to data released by the ministry of commerce and industry on Wednesday.

- Sreedev Krishnakumar

The WPI food index moved out of deflation in December. REUTERS

The turnaround was driven by firmer prices across manufactured goods, minerals, machinery, food products and textiles.

Ona month-on-month basis, wholesale prices rose 0.71% in December, up from 0.52% in November. Prices rose across all three major WPI components, pointing to a broad-based firming in wholesale price pressures.

‘A disaggregated reading shows that primary articles moved out of deflation, with inflation rising to 0.21% in December from a 2.93% contraction in November, driven mainly by higher prices of nonfood articles and minerals. Food articles, however, continued to remain in deflation, while prices of crude petroleum and natural gas also fell ona year-on-year basis.