India’s wholesale prices rose 1.81% year-on-year (YoY) in January, up from a 0.83% increase in December 2025, driven by higher costs in primary articles and manufactured goods. The All Commodities WPI index reached 157.8 in January 2026, as per data released by the government. The government said, “Positive rate of inflation in January, 2026 is primarily due to increase in prices of manufacture of basic metals, other manufacturing, non-food articles, food articles and textiles etc.” in its release on February 16.