WPI inflation rises to 9.87% in June; minerals, food items see price spike
Wholesale Price Index (WPI) inflation in India rose to 9.87% in June 2026, driven primarily by spikes in mineral oils, food articles, and basic metals, according to the Commerce and Industry Ministry. This increase poses challenges for the Reserve Bank of India, which aims to maintain headline inflation at 4% with a permissible margin of 2%. The rise in WPI inflation may influence future monetary policy decisions as the central bank navigates these pressures.