Informist Poll
WPI inflation seen rising Dec after 2 mos in negative zone
This story was originally published at 14:03 IST on 13 January 2026
Register to read our real-time news.Informist, Tuesday, Jan. 13, 2026
By Shubham Rana
NEW DELHI – Wholesale prices in India likely rose year-on-year in December after falling for two months. WPI inflation is seen rising to 0.3% in December from (-)0.3% in November, according to an Informist poll of 10 economists.
WPI inflation was 2.57% in December last year. Estimates in the poll ranged from (-)0.3% to 0.47%. The commerce ministry will release WPI data for December at 1200 IST on Wednesday.
"The spike in headline WPI was largely driven by an increase in food inflation within the negative zone," Union Bank of India said in a report. Economists at the bank project food WPI inflation rising to (-)0.13% in December from (-)2.60% in November.
According to data from the Department of Consumer Affairs, wholesale prices of tomatoes rose 15% on month in December, while those of onions were up 4%. Wholesale rice prices also increased month-on-month in December.
Core WPI inflation--inflation excluding food and fuel items--in December is seen staying around 1.5% seen in November. Core WPI inflation remains "driven by global commodity price trends and the impact of continued rupee depreciation," Union Bank of India said. "All sub-segments except manufactured sub-segments are likely to have recorded an increase, led by minerals."
WPI remains below its retail counterpart. CPI inflation rose to a three-month high of 1.33% in December, data released Monday showed.
The following is a summary of the poll by Informist on WPI inflation in December:
| ORGANISATION | WPI INFLATION ESTIMATE |
| STCI Primary Dealer | (-)0.3% |
| CareEdge Ratings | 0.1% |
| YES Bank | 0.22% |
| Capital Economics | 0.3% |
| Nomura | 0.3% |
| ICICI Bank | 0.32% |
| Nirmal Bang Institutional Equities | 0.40% |
| ICRA | 0.4% |
| Union Bank of India | 0.45% |
| Sunidhi Securities | 0.47% |
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Deepshikha Bhardwaj
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