New Delhi, March 17: India’s annual wholesale price inflation rose to 2.13 percent in February 2026, according to provisional data based on the All India Wholesale Price Index (WPI). The increase was primarily driven by higher prices in manufactured products, basic metals, non-food articles, food articles, and textiles.
The WPI index for all commodities stood at 158.2 in February 2026, compared to 157.8 in January 2026 and 157.2 in December 2025. The inflation rate rose from 1.81 percent in January 2026 and 0.96 percent in December 2025, indicating a steady upward trend in wholesale prices.
Among the major components, Primary Articles recorded an inflation rate of 3.27 percent in February 2026, while Manufactured Products saw inflation at 2.92 percent. In contrast, Fuel and Power continued to record negative inflation at –3.78 percent during the month.
The Food Index, which includes food articles and food products, registered 1.85 percent inflation year-on-year in February 2026, compared to 1.41 percent in January 2026.
On a month-on-month basis, the WPI increased by 0.25 percent in February 2026 compared with January 2026.
The Primary Articles index declined by 0.52 percent to 192.9 in February 2026, mainly due to lower prices of food articles (–1.33 percent) and minerals (–1.21 percent). However, prices of crude petroleum and natural gas (4.17 percent) and non-food articles (0.83 percent) registered an increase during the month.
The Fuel and Power index rose by 1.17 percent, reaching 147.6 in February 2026, mainly driven by a 2.05 percent rise in mineral oil prices, while electricity prices declined by 0.27 percent.
Meanwhile, the Manufactured Products index increased by 0.47 percent to 148.2 in February 2026. Out of the 22 two-digit manufacturing groups, 16 groups recorded price increases, while five groups saw declines. Key sectors showing price increases included other manufacturing, food products, textiles, electrical equipment, and chemicals.
However, price declines were observed in sectors such as basic metals, computer and electronic products, fabricated metal products, wood products, and leather-related products during February compared with January 2026.
The WPI Food Index declined slightly from 194.2 in January 2026 to 192.9 in February 2026, though the year-on-year inflation rate rose to 1.85 percent.
The final WPI for December 2025 stood at 157.2 with an inflation rate of 0.96 percent. The provisional WPI for February 2026 was compiled with a weighted response rate of 83.9 percent, while the final December figures were based on a 93.1 percent response rate.
The next WPI data release for March 2026 is scheduled for April 14, 2026.
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