India's Wholesale Price Index Records 0.13% Inflation Rate In September 2025 Amid Commodity Fluctuations

The Wholesale Price Index (WPI) for India in September 2025 showed a slight inflation rate of 0.13% compared to the same month last year. This increase is attributed mainly to rising prices in food manufacturing, other manufacturing sectors, non-food articles, transport equipment, and textiles. The WPI figures for the past three months indicate fluctuations across various commodity groups.

Wholesale Price Index in September 2025

In September 2025, the WPI saw a month-over-month decrease of 0.19% from August 2025. Primary articles experienced a decline of 1.05%, with food articles dropping by 1.38% and non-food articles by 1.06%. However, minerals and crude petroleum & natural gas prices rose by 1.36% and 0.64%, respectively.

The fuel and power sector's index fell slightly by 0.14% from August to September 2025. Within this group, mineral oils decreased by 0.54%, while coal dropped by 0.15%. Conversely, electricity prices increased by 1.20% during the same period.

Manufactured Products and Food Index

Manufactured products saw a modest rise of 0.21% in their index from August to September 2025. Among the various groups within this category, ten experienced price increases, six saw decreases, and six remained unchanged. Notable increases were observed in other manufacturing, food products, electrical equipment, textiles, and non-metallic mineral products.

The Food Index, which includes 'Food Articles' from primary articles and 'Food Product' from manufactured products, decreased from an index value of 193.5 in August to 192.0 in September 2025. Year-on-year inflation based on the Food Index fell to -1.99% in September from 0.21% in August.

Annual Inflation Trends

For July 2025, the final WPI for all commodities was recorded at an index of 154.4 with an inflation rate of -0.58%. The annual inflation rate for different commodity groups over the past six months is detailed in annexures provided with updated figures.

The response rate for compiling the WPI for September was weighted at 80.2%, while July's final figure was based on a response rate of 94.7%. These provisional figures are subject to revision according to WPI's revision policy.

Future Updates

The next update on WPI will be released on November 14th, covering data for October 2025 as per the Department for Promotion of Industry and Internal Trade (DPIIT) schedule.