India’s wholesale fuel prices declined 4.01% year-on-year in January 2026, the steepest decline since October 2024, and slipping further from a 2.31% drop in December. This reflected ongoing deflation in LPG (-7.68% vs -14.04% in December), petrol (-4.58% vs -1.88%), and HSD (-4.29% vs -2.07%). On a monthly basis, wholesale fuel prices went down 1.62%, following a 1.30% increase in December. source: Office of the Economic Advisor, India

WPI Fuel YoY in India averaged 7.00 percent from 1995 until 2026, reaching an all time high of 50.95 percent in June of 2022 and a record low of -25.57 percent in February of 2015. This page includes a chart with historical data for India WPI Fuel and Power YoY. India WPI Fuel and Power YoY - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

WPI Fuel YoY in India is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India WPI Fuel and Power YoY is projected to trend around 2.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-14 06:30 AM
WPI Fuel YoY
Dec -2.31% -2.27% -2.0%
2026-02-16 06:30 AM
WPI Fuel YoY
Jan -4.01% -2.31% -1.8%
2026-03-17 06:30 AM
WPI Fuel YoY
Feb -4.01%


Related Last Previous Unit Reference
Producer Price Inflation MoM 0.51 0.71 percent Jan 2026
Producer Prices 157.80 157.00 points Jan 2026
WPI Inflation YoY 1.81 0.83 percent Jan 2026
WPI Food Index YoY 1.41 0.00 percent Jan 2026
WPI Fuel YoY -4.01 -2.31 percent Jan 2026
WPI Manufacturing YoY 2.86 1.82 percent Jan 2026


India WPI Fuel and Power YoY
In India, the wholesale price index (WPI) is the main measure of inflation. The WPI measures the price of a representative basket of wholesale goods. In India, wholesale price index is divided into three groups: Primary Articles (22.6 percent of total weight); Fuel and Power (13.2 percent); and Manufactured Products (64.2 percent). The Food Index from the Primary Articles and Manufactured Products groups accounts for 24.4 percent of the total weight. The most important components of the Manufactured Products group are Basic Metals (9.7 percent of total weight); Food products (9.1 percent); Chemicals and Chemical products (6.5 percent) and Textiles (4.9 percent). Within the Primary Articles group, the most important component is Food Articles (15.3 percent), while within Fuel and Power, the most important category is HSD (3.1 percent).
Actual Previous Highest Lowest Dates Unit Frequency
-4.01 -2.31 50.95 -25.57 1995 - 2026 percent Monthly
NSA