India’s WPI Inflation Turns Positive at 0.52% in August 2025 as Food and Manufacturing Lift Index to 155.2
By Shishta Dutta | Published at: Sep 15, 2025 04:54 PM IST
New Delhi, September 15, 2025: India’s wholesale inflation has turned positive in August, 2025. This comes after the Wholesale Price Index (WPI) has jumped by 0.52% year-on-year, and with the same percentage of 0.52 month-on-month. Meanwhile, the headline index was at 155.2 points, driven majorly by firm food prices and steady gains in core manufacturing, even when fuel and power dragged below.
Headline and Components: Before vs After
| Indicator | Jul 2025 Index | Aug 2025 Index | YoY Inflation Jul 2025 | YoY Inflation Aug 2025 | MoM Change Aug 2025 |
|---|---|---|---|---|---|
| All Commodities | 154.4 | 155.2 | -0.58% | 0.52% | 0.52% |
| Primary Articles | 188.0 | 191.0 | -4.95% | -2.10% | 1.60% |
| Fuel & Power | 144.6 | 143.6 | -2.43% | -3.17% | -0.69% |
| Manufactured Products | 144.6 | 144.9 | 2.05% | 2.55% | 0.21% |
| Food Index | 191.3 | 193.5 | -2.15% | 0.21% | 1.15% |
The Comprehensive Movement
In regards to WPI, food was the major swinging factor. The Food Index jumped to 193.5 points, resulting in turning the annual inflation slightly higher at 0.21%. Within food, vegetables increased 5.60% month-on-month. However, their annual print was sharply negative at −14.18%. Onions increased 0.16% month-on-month but remained negative 50.46% year-on-year. Furthermore, potatoes slipped 5.82% month-on-month and 44.11% year-on-year. Pulses saw a 1.58% month-on-month rise but remained 14.85% lower year-on-year. Edible oils and fats in manufacturing were up 22.92% year-on-year.
Fuel and power remained muted. The subgroup fell 0.69% month-on-month and 3.17% year-on-year, with electricity down 2.91% month-on-month and petrol and diesel indices fell year-on-year.
Core manufacturing held firm. Manufactured Products rose 0.21% month-on-month and 2.55% year-on-year. Gains were seen across food products, textiles, electrical equipment, other transport equipment, and machinery. Basic metals fell 0.65% year-on-year.
A return to positive wholesale inflation in August suggests that pressures are stabilising, majorly through food and select manufacturing categories. This is despite energy remaining a counterweight. Sequential firmness in core items and the turn in the Food Index will be watched for pass-through to consumer prices in the coming months.
REF: https://www.pib.gov.in/PressReleaseIframePage.aspx?PRID=2166676
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