India's wholesale inflation eases to 9.78% in July from 9.87% in June
Economic Times 1 hr ago·14 Aug 2026, 6:40 am
India's wholesale price index (WPI) inflation eased to 9.78% in July, down from 9.87% in the previous month. This decline was driven by a significant drop in fuel and power prices, which fell to 20.05% from a much higher level in June. However, other components like primary articles and manufactured products saw inflation rise, while food prices remained sticky at 6.65%.
This data is a key indicator for the Reserve Bank of India (RBI) as it monitors price pressures before making interest rate decisions. A softer WPI suggests that the cost of production for businesses is stabilizing, which could eventually ease retail inflation. Investors should watch for the RBI's upcoming policy meeting to see if this trend influences their stance on interest rates.
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