Informist Poll
WPI inflation likely rose to a 10-month high of 1.4% in Jan
This story was originally published at 18:51 IST on 13 February 2026
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By Shubham Rana
MUMBAI – WPI inflation in India likely rose to a 10-month high of 1.4% in January because of an unfavourable base and broad-based rise in wholesale prices, as per a poll of 10 economists by Informist. Poll estimates range from 1.1% to 1.87%. The commerce ministry will release the WPI data for January at 1200 IST on Monday.
WPI inflation was 0.83% in December and 2.51% in January 2025.
"The spike in headline WPI (in January) was largely driven by an increase in food inflation," Union Bank of India said in a report. Economists at the bank project food WPI inflation rising to 1.99% in January from 0% in the previous month.
Sequentially, wholesale food prices likely fell in January. According to data from the Department of Consumer Affairs, wholesale prices of onion rose 4% on month in January. Wholesale prices of potato and tomato were down 10% and 8%, respectively, from December.
Core WPI inflation, which excludes food and fuel items, likely rose to a three-year high of around 2.3% in January from 2.0% in December. Fuel inflation likely stayed in the negative zone in January as well.
WPI remains below its retail counterpart. CPI inflation in January was 2.8%, as per the new series with 2024 as the base year, data released Thursday showed.
The following is a summary of the poll by Informist on WPI inflation in January:
| ORGANISATION | WPI INFLATION ESTIMATE |
| CareEdge Ratings | 1.1% |
| India Ratings and Research | 1.2% |
| YES Bank | 1.3% |
| STCI Primary Dealer | 1.3% |
| Sunidhi Securities | 1.44% |
| Union Bank of India | 1.45% |
| Nirmal Bang Institutional Equities | 1.5% |
| ICRA | 1.7% |
| Nomura | 1.8% |
| ICICI Bank | 1.87% |
End
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Reported by Shubham Rana
Edited by Ashish Shirke
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