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India's wholesale inflation accelerates to 9.92% in August from 9.78% in July

Fuel and power inflation jumped 22.93%, while petroleum and natural gas prices rose 34.41% and sugar prices hit a record high, officials said.

  • On Sept 14, 2026, government data showed India's wholesale Prices rose 9.92% year-on-year in August, driven by faster increases in oil and food costs.
  • Fuel and power Prices climbed to 22.93% year-on-year, while Global crude Prices neared $108 a barrel, compounding inflationary pressures across sectors.
  • Primary article Inflation eased to 7.76%, yet manufactured product Prices rose 8.37% year-on-year, while Sugar Prices hit a record high in August.
  • Consumer Inflation data is expected to hit a 20-month high, prompting RBI Governor Sanjay Malhotra to warn that monetary response may be warranted if inflationary shocks persist.
  • RBI policymakers kept the policy rate unchanged at 5.25% during their August meeting, though officials flagged the possibility of rate tightening in the third quarter if food and fuel pressures broaden.
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Social News XYZ broke the news on Monday, September 14, 2026.
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