India’s Wholesale Price Inflation Accelerates to 9.68% in May, Highest in Over a Year

India’s wholesale price inflation quickened in May 2026, with the Wholesale Price Index (WPI) rising 9.68% year-over-year, up from 8.30% in April 2026, according to data updated on 15 June 2026. The figures are based on year-over-year comparisons, measuring price changes against the same months a year earlier.

The latest reading underscores a renewed build-up of price pressures at the wholesale level, following April’s already elevated pace. The previous indicator for April reflected an 8.30% increase compared with April of the prior year, while May’s 9.68% print marks a sharper escalation when measured against May a year earlier.

The acceleration in WPI inflation may raise concerns about input cost pressures feeding into consumer prices and corporate margins. Markets and policymakers will be watching subsequent data closely to assess whether this rise represents a temporary spike or the start of a more persistent wholesale inflation trend in India.