India Wholesale Inflation Surges to 11.4% in September, Topping Estimates

Key Facts

1India's annual wholesale price inflation rose to 11.4% in September.

2The wholesale inflation figures came in higher than analyst and market expectations.

India's annual wholesale price inflation rose to 11.4% in September. Reuters reported that the wholesale inflation figures came in higher than analyst and market expectations, marking an acceleration in the Wholesale Price Index (WPI) managed by the Ministry of Commerce and Industry.

The data follows a similar upside surprise in retail inflation reported earlier this month. Official figures released on October 12, 2026, showed India's annual inflation rate reached 5.54%, exceeding the 5.4% forecast. These persistent price pressures increase the burden on the central bank regarding future interest rate decisions.