NEW DELHI, July 14 (Xinhua) -- India's wholesale price index (WPI) rose to 9.87 percent in June, compared to 9.68 percent in May, data released by the federal Ministry of Commerce and Industry showed on Tuesday.
"The index for all commodities for June 2026 stands at 110.2, whereas it was 109.9 in May 2026," the ministry said.
According to the ministry, year-on-year inflation rates for major groups primary articles, fuel and power, and manufactured products are 7.0 percent, 27.41 percent, and 7.48 percent, respectively, in June, compared to 4.99 percent, 30.33 percent, and 7.48 percent, respectively, in May.
WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to a steep increase or decrease in commodity prices globally.
Analysts say the sharp rise in WPI inflation reflects the impact of the Middle East crisis, the effective blockade of the Strait of Hormuz, through which the majority of crude oil is imported into India, and its spillover effect on food prices. ■