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.