FX.co ★ India’s WPI Inflation Jumps to 11.39% in September, Extending Price Pressures

Wholesale inflation in India accelerated in September 2026, with the Wholesale Price Index (WPI) rising 11.39% year-over-year, up from 9.92% in August 2026. The latest data, updated on 14 October 2026, show a continued build-up in upstream price pressures across the economy.

The September reading marks a sharp year-over-year increase compared with the same month a year earlier, and follows a similarly elevated base in August. Under the comparison methodology, both the current and previous indicators measure the pace of change relative to the corresponding month of the prior year, highlighting that wholesale prices are not only high but still accelerating.

The move from 9.92% to 11.39% WPI inflation suggests that input costs for producers are rising at a faster clip, which could eventually filter through to consumer prices and corporate margins. Market participants and policymakers are likely to watch upcoming data closely for signs of whether this surge in wholesale inflation will persist or begin to moderate in the coming months.