Wholesale Price Index (WPI)-based inflation returned to positive territory in December after remaining in deflation for the previous two months. In November and October, WPI inflation stood at (-) 0.32 per cent and (-) 1.21 per cent, respectively, while it was significantly higher at 2.57 per cent in December 2024. Inflation in manufactured products rose to 1.82 per cent in December, up from 1.33 per cent in November 2025. The non-food articles category recorded an inflation of 2.95 per cent in December, compared with 2.27 per cent a month earlier. The central bank has also raised its GDP growth projection for FY26 to 7.3 per cent from 6.8 per cent earlier.

Source: The Telegraph January 14, 2026 07:36 UTC