India wholesale inflation hits 11.4% in September
In short
India’s wholesale inflation rose to 11.4% in September, after 9.9% in August. Reported gains came from fuel, food and manufactured goods, and food inflation was 8.7%. The old series was said to show the highest reading since August 2022.
This matters because higher wholesale prices can feed into costs for businesses and consumers. It is not stated how long the pressure will last.
What the reporting says
India’s wholesale inflation reached 11.4% in September, up from 9.9% in August, according to publisher summaries citing the new WPI series. The jump was led by higher fuel, food and manufactured goods prices, with food inflation at 8.7% and core inflation reported at a record 9.8%. The immediate consequence is a broader inflation squeeze, while the duration of the pressure is still uncertain.
Why it matters
India’s wholesale inflation rose to 11.4% in September, up from 9.9% in August, based on publisher-supplied summaries of the WPI data. The move was described as broad-based, driven by food, fuel and other commodities, while food inflation was reported at 8.7% and core inflation at 9.8%. The main market implication is continued cost pressure for businesses and consumers; the reporting does not state when prices may ease.