Business · India Bureau
Wholesale inflation hits record 11.39% as food and fuel costs surge
India's wholesale price index climbed to an unprecedented 11.39 percent in September, driven by sharp increases in food and fuel costs. The surge reflects mounting pressures across key economic sectors.
LSN India ·
Wholesale Price Index-based inflation reached its highest level on record in September as elevated costs for food and fuel pushed the measure sharply higher, raising concerns about broader economic pressures.
The fuel and power category saw particularly acute inflation, with wholesale prices climbing to 25.85 percent in September from 22.93 percent in August. This acceleration in energy costs has rippled through supply chains and contributed significantly to the overall inflation spike.
Food price inflation also remained elevated, alongside increases in raw materials and manufactured goods, compounding pressures on producers and retailers. The combination of these factors has created a challenging environment for businesses operating across multiple sectors.
The record-high wholesale inflation figure carries implications for consumer-facing inflation and policy decisions. Policymakers and economists are closely monitoring whether these wholesale price pressures will translate into higher retail prices for essential commodities in coming months.