India's wholesale food prices climbed by 0.17% in April 2023 compared to the same month a year earlier, pointing to the 27th straight month of inflation but the softest pace in the sequence, and after a 2.32 rise in February. Prices grew at a slower pace for cereals (7.69% vs 9.48% in March), wheat (7.27% vs 9.16%), paddy (7.12% vs 7.54%), milk (7.10% vs 8.48%); eggs, meat & fish (0.77% vs 1.36%), and fell further for potatoes (-18.66% vs -23.67%), onion (-18.41% vs -36.83%). source: Office of the Economic Advisor, India

WPI Food Index YoY in India averaged 4.72 percent from 2013 until 2023, reaching an all time high of 14.14 percent in November of 2013 and a record low of -2.55 percent in July of 2015. This page includes a chart with historical data for India WPI Food Index YoY. India WPI Food Index YoY - data, historical chart, forecasts and calendar of releases - was last updated on June of 2023.

WPI Food Index YoY in India is expected to be 2.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India WPI Food Index YoY is projected to trend around 4.00 percent in 2024 and 4.90 percent in 2025, according to our econometric models.

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India WPI Food Index YoY

Calendar GMT Actual Previous Consensus TEForecast
2023-04-17 06:30 AM Mar 2.32% 2.76% 2.3%
2023-05-15 06:30 AM Apr 0.17% 2.32% 1.8%
2023-06-14 06:30 AM May 0.17% 0.1%

Related Last Previous Unit Reference
Producer Prices 150.90 150.90 points Apr 2023
Producer Prices Change -0.92 1.34 percent Apr 2023
Producer Price Inflation MoM 0.00 0.00 percent Apr 2023
WPI Manufacturing YoY -2.42 -0.77 percent Apr 2023
WPI Fuel YoY 0.93 8.96 percent Apr 2023
WPI Food YoY 2.38 -1.25 percent Jan 2023

India WPI Food Index 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
0.17 2.32 14.14 -2.55 2013 - 2023 percent Monthly