India’s wholesale price index (WPI) manufacturing inflation accelerated sharply in May 2026, rising to 7.48% year-over-year, up from 4.62% in April 2026. The latest data, updated on 15 June 2026, show a notable intensification in price pressures within the country’s manufacturing sector.
On a year-over-year basis, the May reading reflects a much stronger increase in manufacturing prices compared with the same month a year earlier than was seen in April’s comparison. While April’s 4.62% figure measured the change versus April of the previous year, May’s 7.48% highlights a steeper annual rise when compared with May a year ago.
The jump in WPI manufacturing inflation between April and May underscores a quickening pace of cost increases at the wholesale level, which could have implications for manufacturers’ margins and, potentially, for downstream consumer prices if these higher input and output costs are passed through the supply chain.
