Wholesale prices in India rose at the quickest pace in at least 27 months in June, driven higher by food and fuel prices, data released Tuesday by the commerce ministry showed.

WPI inflation rose to 9.87% in June, from 9.68% in May, and is the highest in the new series, which has 2022-23 (Apr-Mar) as the base year, updated from FY12 in the old series.

“Across groups, ‘Mineral Oils (containing Petroleum Products)’, ‘Food Articles’, ‘Manufacture of Basic Metals’, and ‘Manufacture of Chemicals and Chemical Products’, have been major drivers of WPI inflation in June 2026,” the commerce ministry said in a release.

Wholesale food inflation rose to an 18-month high of 6.14% in June. Primary articles inflation increased to 7% in June from 4.99% in May, led by a rise in non-food articles inflation and minerals inflation. 

Manufactured products inflation stayed steady at 7.48% in June while fuel and power inflation moderated to 27.41% last month from 30.33% in May.

Core WPI inflation, which excludes food and fuel items, eased to 7.5% in June from 7.7% in May.

The Ministry of Commerce and Industry had released the revised WPI series in June along with new Producer Price Indices.

Output PPI inflation rose to a series high of 9.57% in June from 9.38% in May. The trial input PPI for manufacturing sector jumped to 107.1 in June from 104.9 in May.

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