The Office of the Economic Adviser, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, on 15 April 2026 released the Index Numbers of Wholesale Price in India for March 2026, with the base year 2011-12. The annual rate of inflation based on the All India Wholesale Price Index (WPI) stood at 3.88 per cent (provisional) for March 2026 over March 2025, marking a sharp acceleration from 2.13 per cent in February 2026. The month-over-month change in WPI for March 2026 was 1.64 per cent compared with February 2026. The release attributed the rise primarily to higher prices of crude petroleum and natural gas, other manufacturing, non-food articles, manufacture of basic metals and food articles, as listed in the official WPI release. In the manufacturing sub-group, the index for manufactured products rose 0.88 per cent, with 16 of 22 NIC two-digit groups recording price increases. The WPI Food Index rate of inflation remained at 1.85 per cent year-on-year, indicating that headline pressure was concentrated in fuel and industrial inputs rather than food. The provisional March 2026 WPI was compiled at a weighted response rate of 77.8 per cent, while the final figure for January 2026 reflected a response rate of 92.7 per cent. The WPI complements the Consumer Price Index released by the Ministry of Statistics and Programme Implementation and is widely used by policymakers, industry and the Reserve Bank of India to gauge wholesale price pressures. The April 2026 WPI release was issued on 14 May 2026; the next WPI release, for May 2026, is scheduled for 15 June 2026.
India Wholesale Price Index Inflation Rises to 3.88% in March 2026, Driven by Crude, Energy and Manufacturing Costs
India's WPI inflation for March 2026, released by DPIIT on 15 April 2026, accelerated to 3.88% from 2.13% in February, driven by crude petroleum and natural gas, manufactured products and basic metals. WPI food inflation stayed at 1.85% YoY. The April 2026 WPI release was issued on 14 May 2026; the next release for May 2026 is scheduled for 15 June 2026.
Key facts
- DPIIT released the Wholesale Price Index for March 2026 on 15 April 2026 with the 2011-12 base year.
- WPI inflation rose sharply to 3.88% (provisional) in March 2026 from 2.13% in February 2026.
- The month-on-month change in WPI was 1.64% compared with February 2026.
- Main drivers were crude petroleum and natural gas, other manufacturing, non-food articles, basic metals and food articles.
- WPI Food Index inflation stayed flat at 1.85% year-on-year, showing pressure was concentrated in fuel and industrial inputs.
- In manufacturing 16 of 22 NIC two-digit groups recorded price increases; manufactured products index rose 0.88%.
- The April 2026 WPI release was issued on 14 May 2026; the next WPI release for May 2026 is scheduled for 15 June 2026.
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Practice MCQ from this story
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With reference to India's Wholesale Price Index (WPI) for March 2026 released on 15 April 2026, consider the following statements:\n1. The annual WPI inflation rose to 3.88 per cent in March 2026 from 2.13 per cent in February 2026.\n2. The current base year for the All India WPI series is 2011-12.\n3. The WPI is released by the Office of the Economic Adviser under the Department for Promotion of Industry and Internal Trade (DPIIT).\nWhich of the statements given above are correct?
All three statements are correct. The 15 April 2026 DPIIT release showed WPI inflation accelerating to 3.88 per cent in March 2026 from 2.13 per cent in February 2026. The base year of the All India WPI is 2011-12. The Office of the Economic Adviser under DPIIT, in the Ministry of Commerce and Industry, compiles and releases the index every month.
Frequently asked questions
Which agency releases the Wholesale Price Index in India?
The Office of the Economic Adviser under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, releases the WPI.
What was India's WPI inflation rate in March 2026?
WPI inflation was 3.88 per cent (provisional) in March 2026 over March 2025, sharply higher than 2.13 per cent in February 2026.
What were the main drivers of the WPI inflation acceleration?
Crude petroleum and natural gas, other manufacturing, non-food articles, basic metals and food articles drove the spike.
What is the base year for the WPI in India?
The current base year for the All India Wholesale Price Index is 2011-12, used by the Office of the Economic Adviser, DPIIT.
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