FX.co ★ India Wholesale Prices Rise the Most in 8 Months

In December 2025, India's wholesale prices saw an annual increase of 0.83%, defying market predictions of a 0.30% growth and reversing the 0.32% decline reported in November. This marked the first rise in three months and was the most rapid growth since April, primarily driven by increased manufacturing prices. The inflation rate in the manufacturing sector jumped to 1.82% from November's 1.33%, representing the swiftest uptick in three months. There were notable increases in food products, which rose to 0.90% from 0.62%, pharmaceuticals, medicinal chemical, and botanical products, which climbed to 1.60% from 1.39%, and cement, lime & plaster, which increased to 0.30% from 0.08%. Meanwhile, food prices remained steady after a 2.27% drop in November, buoyed by price hikes in milk at 3.23%, fruits at 1.97%, and eggs, meat & fish at 1.14%. On the other hand, fuel prices continued their downward trend, declining by 2.31% compared to a 2.27% drop in November, influenced by reduced prices of LPG by 14.04%, petrol by 1.88%, and HSD by 2.07%.