India, June 15 -- The Government of India has issued a release:
Major Group
Linking Factor
All Commodities
1.53
Primary Articles
1.71
Fuel and Power
1.65
Manufactured Products
1.44
Part A
Provisional Estimates of Wholesale Price Index (Base Year 2022-23) for the month of May 2026
Part B
Provisional Estimates of Output Producer Price Index (Base Year 2022-23) for the month of May 2026
Part C
Part D
Provisional Estimates of Service Producer Price Indices for Q4 of FY 2025-26
Part A-Provisional Estimates of Wholesale Price Index (Base Year 2022-23) for the Month of May 2026
Annexure-I
Groups/Major Groups
Weight
Dec-25 (F)
Jan-26 (F)
Feb-26 (F)
Mar-26 (F)
Apr-26 (P)
May-26 (P)
All Commodities
100.00000
101.9
102.3
103.1
104.6
108.8
109.9
I. Primary Articles
22.75730
112.0
112.1
111.6
111.4
112.6
113.7
(A). Food Articles
15.97835
114.5
113.9
113.1
112.8
114.0
115.0
(B). Non-Food Articles
5.52841
105.1
107
107.3
107.4
107.6
108.4
(C). Minerals
1.25054
111.4
111.1
112
110.8
117
119.7
II. Fuel and Power
14.11433
89.0
88.0
89.0
93.5
110.9
113.0
(A). Coal and Lignite
0.74136
86.7
86.2
86.5
87.8
87.7
86.6
(B). Mineral Oils
8.19208
86.0
84.6
85.8
92.9
121.6
125.7
(C). Electricity
4.46349
95.6
94.5
94.7
91.2
90.7
90.3
(D). Crude Petroleum & Natural Gas
0.71740
85.5
88.7
92.4
119.7
138.8
136.8
III. MANUFACTURED PRODUCTS
63.12837
101.1
102.0
103.2
104.7
107.0
107.8
(A). Manufacture of Food Products
9.02016
106.7
107.0
108.0
109.1
110.8
112.3
(B). Manufacture of Beverages
0.90483
102.5
102.9
102.6
102.7
104.5
105.3
(C). Manufacture of Tobacco Products
0.27645
110.8
110.6
122.7
122.6
124.2
123.7
(D). Manufacture of Textiles
4.08993
92.4
93.3
94.4
96.4
99.0
101.4
(E). Manufacture of Wearing Apparel
1.32948
110.4
109.9
109.8
109.9
110.8
112.2
(F). Manufacture of Leather and Related Products
0.54137
104.0
104.3
104.9
105.5
107.3
108.5
(G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.07718
109.3
109.9
110.0
112.1
114.8
116.1
(H). Manufacture of Paper and Paper Products
1.15328
89.9
90.1
90.6
91.4
93.6
93.9
(I). Printing and Reproduction of Recorded Media
0.42618
104.7
104.8
105.1
105.8
106.9
108.3
(J). Manufacture of Chemicals and Chemical Products
6.12567
90.4
91.0
91.8
96.5
101.9
102.4
(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations
2.20102
99.9
99.6
99.6
100.8
102.0
102.3
(L). Manufacture of Rubber and Plastic Products
2.71467
95.3
95.5
96.3
101.9
105.2
105.1
(M). Manufacture of Other Non-Metallic Mineral Products
2.84074
96.1
96.3
96.1
96.8
98.5
98.9
(N). Manufacture of Basic Metals
8.41133
91.8
95.2
98.0
100.1
103.4
104.1
(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment
4.13294
100.1
100.9
102.0
102.7
104.5
105.8
(P). Manufacture of Computer, Electronic and Optical Products
2.07628
101.1
101.2
101.5
102.0
102.5
103.4
(Q). Manufacture of Electrical Equipment
2.64318
107.1
108.5
110.2
111.0
112.6
114.1
(R). Manufacture of Machinery and Equipment n.e.c.
3.46796
103.8
103.9
104.3
104.3
105.0
105.4
(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
5.43645
105.5
105.9
106.4
105.9
108.3
108.5
(T). Manufacture of Other Transport Equipment
1.39511
105.2
105.1
105.2
105.4
106.2
106.6
(U). Manufacture of Furniture
0.82618
101.8
102.0
102.6
102.8
105.4
106.1
(V). Other Manufacturing
2.03798
147.7
152.4
156.4
158.8
158.7
158.8
Food Index
24.99851
111.7
111.4
111.3
111.5
112.8
114.0
Groups/Major Groups
Weight
Dec-25 (F)
Jan-26 (F)
Feb-26 (F)
Mar-26 (F)
Apr-26 (P)
May-26 (P)
All Commodities
100.00000
0.30
1.19
2.18
3.98
8.26
9.68
I. Primary Articles
22.75730
-2.78
-0.09
1.64
2.58
3.78
4.99
(A). Food Articles
15.97835
-4.42
-1.30
0.80
1.53
2.43
3.60
(B). Non-Food Articles
5.52841
2.74
3.98
4.68
6.65
7.6
9.49
(C). Minerals
1.25054
-1.68
-0.45
1.36
0.09
6.36
4.91
II. Fuel and Power
14.11433
-2.63
-3.83
-3.37
3.20
24.89
30.33
(A). Coal and Lignite
0.74136
-3.13
-3.90
-2.37
-0.79
-1.57
-2.26
(B). Mineral Oils
8.19208
-1.94
-4.19
-4.35
4.26
40.74
49.82
(C). Electricity
4.46349
-2.75
-2.28
-1.56
-2.04
-2.68
-1.85
(D). Crude Petroleum & Natural Gas
0.71740
-8.26
-9.95
-5.33
26.13
56.31
61.51
III. Manufactured Products
63.12837
2.22
2.82
3.61
4.80
6.68
7.48
(A). Manufacture of Food Products
9.02016
1.14
1.61
2.08
2.54
4.53
6.14
(B). Manufacture of Beverages
0.90483
-1.63
-1.06
-0.68
-0.68
0.48
1.64
(C). Manufacture of Tobacco Products
0.27645
2.50
2.03
12.57
11.86
13.63
13.59
(D). Manufacture of Textiles
4.08993
0
0.97
1.94
4.90
7.14
10.22
(E). Manufacture of Wearing Apparel
1.32948
3.95
3.78
3.39
2.90
2.88
4.28
(F). Manufacture of Leather and Related Products
0.54137
2.36
2.05
2.64
3.23
3.87
4.33
(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.07718
3.60
3.10
3.00
5.06
7.69
7.60
(H). Manufacture of Paper and Paper Products
1.15328
-0.11
-0.88
-0.66
0.11
2.07
2.74
(I). Printing and Reproduction of Recorded Media
0.42618
0.96
1.16
1.55
2.12
2.99
4.13
(J). Manufacture of Chemicals and Chemical Products
6.12567
-0.44
-0.33
0.22
5.70
12.22
13.40
(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations
2.20102
0
0.10
0.30
1.10
2.31
3.33
(L). Manufacture of Rubber and Plastic Products
2.71467
-1.35
-1.24
-0.72
5.38
9.24
9.59
(M). Manufacture of Other Non-Metallic Mineral Products
2.84074
-0.31
-0.31
-0.93
-0.10
1.23
1.02
(N). Manufacture of Basic Metals
8.41133
1.44
5.19
7.34
8.57
10.59
12.30
(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment
4.13294
1.52
2.54
2.82
3.42
5.13
6.22
(P). Manufacture of Computer, Electronic and Optical Products
2.07628
4.23
1.30
0.89
-0.58
-0.39
-0.19
(Q). Manufacture of Electrical Equipment
2.64318
4.79
6.69
7.62
7.98
9.11
11.32
(R). Manufacture of Machinery and Equipment n.e.c.
3.46796
1.07
0.78
1.26
1.07
1.74
2.33
(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
5.43645
0.86
0.38
1.82
0.95
2.36
2.17
(T). Manufacture of Other Transport Equipment
1.39511
2.94
2.34
1.74
1.93
3.41
4.31
(U). Manufacture of Furniture
0.82618
-0.59
-0.58
-0.10
0.19
3.64
5.68
(V). Other Manufacturing
2.03798
33.06
32.52
31.54
32.89
27.57
21.87
Food Index
24.99851
-2.53
-0.36
1.27
1.92
3.11
4.49
Groups/Major Groups
Weight
2023-24
2024-25
2025-26
All Commodities
100.00000
99.3
101.0
101.4
I. Primary Articles
22.75730
106.4
112.8
110.3
(A). Food Articles
15.97835
108.9
117.1
112.8
(B). Non-Food Articles
5.52841
99.8
100.1
102.5
(C). Minerals
1.25054
103.7
113.0
112.4
II. Fuel and Power
14.11433
93.0
91.1
88.5
(A). Coal and Lignite
0.74136
92.1
89.8
87.9
(B). Mineral Oils
8.19208
91.1
88.8
85.9
(C). Electricity
4.46349
95.8
94.4
92.8
(D). Crude Petroleum & Natural Gas
0.71740
98.3
97.5
91
III. Manufactured Products
63.12837
98.1
99.0
101.2
(A). Manufacture of Food Products
9.02016
98.7
103.5
106.8
(B). Manufacture of Beverages
0.90483
102.7
103.8
103.4
(C). Manufacture of Tobacco Products
0.27645
104.9
107.6
112.2
(D). Manufacture of Textiles
4.08993
92.2
92.5
92.9
(E). Manufacture of Wearing Apparel
1.32948
102.7
105.5
109.2
(F). Manufacture of Leather and Related Products
0.54137
101.3
102.1
104.4
(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.07718
102.8
104.7
108.9
(H). Manufacture of Paper and Paper Products
1.15328
89.5
90.4
90.9
(I). Printing and Reproduction of Recorded Media
0.42618
103.8
104.2
104.8
(J). Manufacture of Chemicals and Chemical Products
6.12567
92.1
91.2
91.3
(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations
2.20102
101.0
99.7
99.7
(L). Manufacture of Rubber and Plastic Products
2.71467
94.8
96.5
96.5
(M). Manufacture of Other Non-Metallic Mineral Products
2.84074
99.2
96.0
96.9
(N). Manufacture of Basic Metals
8.41133
93.5
92.2
93.2
(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment
4.13294
99.9
99.3
100.2
(P). Manufacture of Computer, Electronic and Optical Products
2.07628
97.6
98.2
102.3
(Q). Manufacture of Electrical Equipment
2.64318
100.5
102.2
105.9
(R). Manufacture of Machinery and Equipment n.e.c.
3.46796
102.0
102.6
103.6
(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
5.43645
104.7
105.5
105.7
(T). Manufacture of Other Transport Equipment
1.39511
101.7
101.8
104.1
(U). Manufacture of Furniture
0.82618
101.3
102.1
101.4
(V). Other Manufacturing
2.03798
105.5
113.1
138.2
Food Index
24.99851
105.2
112.2
110.6
Groups/Major Groups
Weight
2024-25
2025-26
All Commodities
100.00000
1.74
0.40
I. Primary Articles
22.75730
5.93
-2.19
(A). Food Articles
15.97835
7.51
-3.67
(B). Non-Food Articles
5.52841
0.27
2.41
(C). Minerals
1.25054
9.03
-0.60
II. Fuel and Power
14.11433
-2.05
-2.90
(A). Coal and Lignite
0.74136
-2.58
-2.10
(B). Mineral Oils
8.19208
-2.51
-3.28
(C). Electricity
4.46349
-1.41
-1.70
(D). Crude Petroleum & Natural Gas
0.71740
-0.76
-6.71
III. Manufactured Products
63.12837
0.90
2.16
(A). Manufacture of Food Products
9.02016
4.86
3.22
(B). Manufacture of Beverages
0.90483
1.11
-0.42
(C). Manufacture of Tobacco Products
0.27645
2.58
4.27
(D). Manufacture of Textiles
4.08993
0.33
0.47
(E). Manufacture of Wearing Apparel
1.32948
2.79
3.46
(F). Manufacture of Leather and Related Products
0.54137
0.73
2.29
(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.07718
1.92
3.95
(H). Manufacture of Paper and Paper Products
1.15328
1.02
0.55
(I). Printing and Reproduction of Recorded Media
0.42618
0.37
0.58
(J). Manufacture of Chemicals and Chemical Products
6.12567
-1.06
0.12
(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations
2.20102
-1.24
-0.03
(L). Manufacture of Rubber and Plastic Products
2.71467
1.78
0.00
(M). Manufacture of Other Non-Metallic Mineral Products
2.84074
-3.19
0.86
(N). Manufacture of Basic Metals
8.41133
-1.34
1.01
(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment
4.13294
-0.54
0.91
(P). Manufacture of Computer, Electronic and Optical Products
2.07628
0.61
4.11
(Q). Manufacture of Electrical Equipment
2.64318
1.72
3.64
(R). Manufacture of Machinery and Equipment n.e.c.
3.46796
0.60
0.98
(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
5.43645
0.72
0.21
(T). Manufacture of Other Transport Equipment
1.39511
0.08
2.25
(U). Manufacture of Furniture
0.82618
0.77
-0.72
(V). Other Manufacturing
2.03798
7.16
22.22
Food Index
24.99851
6.62
-1.37
Part B-Provisional Estimates of Output Producer Price Index (Base Year 2022-23) for the month of May 2026
Annexure-V
Groups/Major Groups
Weight
Dec-25 (F)
Jan-26 (F)
Feb-26 (F)
Mar-26 (F)
Apr-26 (P)
May-26 (P)
ALL COMMODITIES
100.00000
102.1
102.6
103.3
104.9
108.6
109.6
AGRICULTURE, FORESTRY AND FISHING
22.15648
111.3
111.3
110.8
110.6
111.2
111.9
Crop and Animal Production, Hunting and Related Service Activities
19.03219
111.9
111.7
111.3
111
111.3
111.8
Forestry and Logging
1.67481
114.6
114.4
115
115.4
116.7
117.2
Fishing and Aquaculture
1.44948
99.0
102.7
99.3
100.1
103.2
106.9
MINING AND QUARRYING
3.42065
106.1
106.9
109.9
117
122.5
122.3
Mining of Metal Ores
0.70792
153.4
158.6
168
171.5
169.6
174.8
Mining of Coal and Lignite
0.73980
86.7
86.2
86.5
87.8
87.7
86.6
Other Mining and Quarrying
1.23208
106.2
103.2
103.2
100.5
105.1
105.2
Extraction of Crude Petroleum and Natural Gas
0.74085
80.2
84.5
88.9
121.7
141
136.2
MANUFACTURED PRODUCTS
69.93568
99.4
100.1
101.2
103.4
108.3
109.5
(A). Manufacture of Food Products
8.47196
107.1
107.5
108.3
109.2
110.8
112.2
(B). Manufacture of Beverages
0.84170
102.7
103.1
102.7
102.8
104.6
105.5
(C). Manufacture of Tobacco Products
0.25705
112.0
111.9
125.9
125.9
127.0
126.7
(D). Manufacture of Textiles
4.38774
92.9
93.7
95.0
97.8
100.9
103.1
(E). Manufacture of Wearing Apparel
1.20494
109.4
108.8
108.7
108.7
109.6
111.2
(F). Manufacture of Leather and Related Products
0.49989
103.2
103.1
103.6
104.2
106.1
107.2
(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.08949
107.6
108.1
108.3
110.3
113.0
114.4
(H). Manufacture of Paper and Paper Products
1.03128
90.2
90.3
90.7
91.6
93.8
94.1
(I). Printing and Reproduction of Recorded Media
0.30931
105.7
105.6
106.1
107.1
108.1
109.4
(J). Manufacture of Coke and Refined Petroleum Products
7.14818
85.9
84.5
85.7
92.7
121
125.1
(K). Manufacture of Chemicals and Chemical Products
5.74793
90.7
91.5
92.2
97.3
102.6
102.7
(L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products
1.92807
100.8
100.7
100.6
101.8
102.9
103.1
(M). Manufacture of Rubber and Plastic Products
2.57252
95.7
95.9
96.9
102.5
105.8
105.7
(N). Manufacture of Other Non-Metallic Mineral Products
2.50437
95.6
96.0
95.8
96.4
98.4
98.7
(O). Manufacture of Basic Metals
7.46500
90.8
94.3
96.6
99.0
103.1
103.9
(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment
3.15198
98.5
99.3
100.4
101.1
102.5
103.6
(Q). Manufacture of Computer, Electronic and Optical Products
1.77480
103.9
104.4
104.6
104.6
105.0
106.0
(R). Manufacture of Electrical Equipment
3.81453
102.7
103.1
104.0
104.4
105.6
107.1
(S). Manufacture of Machinery and Equipment n.e.c.
2.46158
104.1
104.1
104.7
104.8
105.5
105.7
(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
4.39321
105.9
106.4
106.9
106.6
108.7
108.8
(U). Manufacture of Other Transport Equipment
1.34392
105.4
106.0
106.1
106.4
107.1
107.5
(V). Manufacture of Furniture
0.73566
103.1
102.9
103.2
103.7
105.2
105.2
(W). Other Manufacturing
6.80057
114.1
115.9
118.3
119.9
121.1
122.0
ELECTRICITY
4.48719
95.5
94.5
94.5
91.1
90.6
90.2
Electricity
4.48719
95.5
94.5
94.5
91.1
90.6
90.2
Groups/Major Groups
Weights
2023-24
2024-25
2025-26
ALL COMMODITIES
100.00000
99.2
100.9
101.6
AGRICULTURE, FORESTRY AND FISHING
22.15648
106.3
111.3
109.3
Crop and Animal Production, Hunting and Related Service Activities
19.03219
106.7
111.8
109.7
Forestry and Logging
1.67481
106.1
114.2
113.1
Fishing and Aquaculture
1.44948
100.6
101.3
100.6
MINING AND QUARRYING
3.42065
100.2
105
106.7
Mining of Metal Ores
0.70792
107.5
127.4
151
Mining of Coal and Lignite
0.73980
92.1
89.8
87.9
Other Mining and Quarrying
1.23208
104.0
108.5
104.6
Extraction of Crude Petroleum and Natural Gas
0.74085
94.7
93.2
86.7
MANUFACTURED PRODUCTS
69.93568
97.2
97.8
99.4
(A). Manufacture of Food Products
8.47196
97.8
103.3
107.1
(B). Manufacture of Beverages
0.84170
102.8
104.0
103.6
(C). Manufacture of Tobacco Products
0.25705
104.5
107.6
113.1
(D). Manufacture of Textiles
4.38774
92.4
92.7
93.4
(E). Manufacture of Wearing Apparel
1.20494
102.2
104.7
108.1
(F). Manufacture of Leather and Related Products
0.49989
100.6
101.3
103.1
(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.08949
102.3
104.0
107.5
(H). Manufacture of Paper and Paper Products
1.03128
89.4
90.5
91.1
(I). Printing and Reproduction of Recorded Media
0.30931
104.3
104.7
105.8
(J). Manufacture of Coke and Refined Petroleum Products
7.14818
91.1
88.8
85.8
(K). Manufacture of Chemical and Chemical Products
5.74793
92.2
91.4
91.7
(L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products
1.92807
101.1
99.3
100.5
(M). Manufacture of Rubber and Plastic Products
2.57252
94.9
96.5
96.8
(N). Manufacture of Other Non-Metallic Mineral Products
2.50437
98.9
95.7
96.4
(O). Manufacture of Basic Metals
7.46500
93.3
92.1
92.3
(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment
3.15198
98.4
99.0
98.8
(Q). Manufacture of Computer, Electronic and Optical Products
1.77480
96.6
99.2
105.3
(R). Manufacture of Electrical Equipment
3.81453
99.3
99.7
102.0
(S). Manufacture of Machinery and Equipment n.e.c.
2.46158
102.3
102.8
103.9
(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers
4.39321
105.1
105.6
106.1
(U). Manufacture of Other Transport Equipment
1.34392
102.1
102.0
104.8
(V). Manufacture of Furniture
0.73566
101.4
101.8
102.0
(W). Other Manufacturing
6.80057
101.3
103.3
111.4
ELECTRICITY
4.48719
95.8
94.4
92.7
Electricity
4.48719
95.8
94.4
92.7
Industry Group
Weight
Mar-26 (F)
Apr-26 (P)
May-26 (P)
Manufacturing Sector
100.00000
100.9
104.9
104.9
(A). Manufacture of Food Products
14.84638
107.1
108.1
110.5
(B). Manufacture of Beverages
1.03035
106.0
104.6
104.8
(C). Manufacture of Tobacco Products
0.26443
128.0
124.9
125.7
(D). Manufacture of Textiles
5.88918
95.5
100.8
103.1
(E). Manufacture of Wearing Apparel
1.57012
105.6
106.4
108.3
(F). Manufacture of Leather and Related Products
0.77634
96.3
96.0
96.2
(G). Manufacture of Wood and Products of Wood and Cork, Except Furniture; Manufacture of Articles of Straw and Plaiting Materials
1.82194
99.7
110.3
110.8
(H). Manufacture of Paper and Paper Products
0.87494
95.1
96.9
97.1
(I). Printing and Reproduction of Recorded Media
0.46606
96.4
98.2
101.2
(J). Manufacture of Coke and Refined Petroleum Products
12.32910
98.2
112.1
105.8
(K). Manufacture of Chemicals and Chemical Products
7.98919
100.9
107.4
111.8
(L). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations
2.40463
98.2
103.0
104.9
(M). Manufacture of Rubber and Plastic Products
3.40235
105.9
110.4
111.9
(N). Manufacture of Other Non-Metallic Mineral Products
3.28306
92.3
95.8
93.2
(O). Manufacture of Basic Metals
11.25229
98.3
100.8
98.5
(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment
5.59239
99.7
101.5
103.9
(Q). Manufacture of Computer, Electronic and Optical Products
2.22964
108.0
108.3
108.4
(R). Manufacture of Electrical Equipment
3.64437
111.5
113.2
115.8
(S). Manufacture of Machinery and Equipment n.e.c.
5.07784
102.2
103.9
102.7
(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers, and Manufacture of Other Transport Equipment
10.49446
101.5
102.8
104.1
(U). Manufacture of Furniture
0.98353
97.6
101.0
101.6
(V). Other Manufacturing
3.77741
88.9
88.2
83.1
S. No.
Service PPI
Q3: 2025-26 (F)
Q4: 2025-26 (P)
1.
Securities Transaction Service Price Index
89.2
91.7
2.(a)
Banking Service Price Index
102.2
100.9
2.(b)
Banking Service Contribution Index
132.0
129.7
3.
Management of Pension Funds Service Price Index
106.3
103.8
4.
Insurance Service Price Index
102.0
102.8
5.
Telecom Service Price Index
112.2
112.2
6.
Railway Service Price Index
102.6
103.3
6.(a)
Railway Freight Service Price Index
103.2
103.2
6.(b)
Railway Passenger Service Price Index
101.3
103.5
7.
Air (Passenger) Service Price Index
107.3
106.9
S.No.
Service PPI
2023-24
2024-25
2025-26 (P)
1
Securities Transaction Service Price Index
106.7
95.9
91.1
2.(a)
Banking Service Price Index
104.9
106.3
102.8
2.(b)
Banking Service Contribution Index
115.8
126.4
129.4
3.
Management of Pension Funds Service Price Index
101.6
105.6
106.6
4.
Insurance Service Price Index
99.9
102.6
102.4
5.
Telecom Service Price Index
102.5
109.3
111.9
6.
Railway Service Price Index
101.3
102
102.3
6.(a)
Railway Freight Service Price Index
102.0
103.0
102.7
6.(b)
Railway Passenger Service Price Index
100.0
100.0
101.5
7.
Air (Passenger) Service Price Index
-
-
101.1
Part A-Provisional Estimates of Wholesale Price Index (Base Year 2022-23) for the Month of May 2026
WPI for All Commodities, Major Groups and Groups for last six months
Part B-Provisional Estimates of Output Producer Price Index (Base Year 2022-23) for the month of May 2026
Output PPI for All Commodities, Major Groups and Groups for last six months
(P)-Provisional, (F)-Final
(P)-Provisional, (F)-Final
Chart 1: WPI Index and Inflation Rate for All Commodities
Annexure-II
Chart 5: Output PPI for All Commodities
Annexure-VI
WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups for last six months
Annual Output PPI for All Commodities, Major Groups and Groups
The Office of Economic Adviser, DPIIT is releasing the revised series of WPI with base year 2022-23. The new series will replace the existing series of WPI with base year 2011-12. In addition, the Office is also releasing new series of Output Producer Price Index (OPPI), Trial Input Producer Price Index (IPPI), and Service Producer Price Index (Service PPI) of seven services, viz., Banking, Securities Transaction, Insurance, Management of Pension Funds, Railways, Air (Passenger), and Telecom with the same base year.
Chart 2: WPI Index of Major Groups
Chart 6: Output PPI across Major Groups
Considering the wide usage of WPI in price escalation clauses, this index will be released for five years from the date of its release, along with PPI, and will be discontinued thereafter. This would give sufficient time to users to switch from WPI to PPI. The transition from WPI to PPI is in alignment with the global best practices adopted by advanced economies and the recommendations of the International Monetary Fund (IMF). Availability of both the Output PPI and Input PPI gives a better understanding of the price movements of output produced vis-a-vis inputs being used in an industry. It also explains how inflation experienced by producers on inputs are passed on to the output being produced.
(P)-Provisional, (F)-Final
Note: Annual Index has been calculated by taking Arithmetic Mean of 12 months indices
Service PPIs for seven services have been compiled in the first phase based on the availability of data from administrative sources/agencies.
Chart 3: Inflation Rate across Major Groups
Annexure-III
WPI, and Output PPI, being compiled on a monthly basis, are being released for the month of May 2026 (Provisional Estimates). The back series of these indices are placed on the web portal of the Office of the Economic Adviser at weblink (https://eaindustry.nic.in/download_data_2223.asp). The monthly Trial Input PPI (only for Manufacturing Sector) is being published on an experimental basis March 2026 onwards. The publication of Trial Input PPI would enable the Department to examine the data quality and also receive feedback of stakeholders and users.
Annual WPI for All Commodities, Major Groups, and Groups
Service PPIs, compiled on a quarterly basis, are being released for Q4 of 2025-26 (Provisional). The back series of Service PPIs is placed on the web portal of the Office of the Economic Adviser at weblink (https://eaindustry.nic.in/download_data_2223.asp).
Chart 4: Major Group-Wise contribution to Inflation
Key features of the new WPI series (Base Year 2022-23):
Note: Annual Index has been calculated by taking Arithmetic Mean of 12 months indices
Annexure-IV
Annual WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups
While linking factors for All Commodities and Major Groups have been provided for reference, users are advised to exercise due caution while interpreting and comparing the indices across the two series. It may also be noted that, as a matter of policy, the Office of the Economic Adviser, DPIIT does not prescribe any specific methodology for linking or converting indices from one series to another. The selection of an appropriate linking approach is left to the discretion of users, depending on their analytical requirements and purposes.
Producer Price Indices (PPIs)
The weights for Output PPI and trial Input PPI have been derived using the Supply Table and Use Table respectively of Supply & Use Table (SUT) of National Accounts for the year 2022-23.
WPI, Output PPI and Service PPI are being compiled on the basis of Basic Price (which excludes Net Tax and Trade & Transport Margin), whereas trial Input PPI is being compiled using Purchaser's Price since industries purchase input from market.
Release Schedule
Provisional indices of WPI, OPPI, and trial IPPI for a reference month will be released on the 14th of the following month (if it is a working day, else on next working day). Since new WPI series (Base Year 2022-23) is being released, index for old series (Base Year 2011-12) will be discontinued. Service PPIs for seven services will be released on a quarterly basis with a lag of 55 days from the closure of the reference quarter (if it is a working day, else on next working day).
Accordingly, release of WPI, Output PPI, and trial Input PPI for the month of June 2026 will be on Tuesday, 14th July 2026.
Service PPIs for seven services for Q1 of FY 2026-27 will be released on Monday, 24th August 2026.
For details pertaining to WPI, Output PPI, trial IPPI, and, Service PPIs, this press release is structured into four parts: -
Part C-Provisional Estimates of Trial Input Producer Price Index (Base Year 2022-23) for the month of May 2026
Part C-Provisional Estimates of Trial Input Producer Price Index (IPPI) (Base Year 2022-23) for the month of May 2026
Trial Input PPI for all Manufacturing Industries at NIC-2-digit
(P)-Provisional, (F)-Final
Part D-Provisional Estimates of Service Producer Price Indices (Base Year 2022-23) for Q4 of FY 2025-26
Part D-Provisional Estimates of Service PPIs (Base Year 2022-23) for Q4 of FY 2025-26
The Office of the Economic Adviser (OEA), Department for Promotion of Industry and Internal Trade (DPIIT), M/o Commerce & Industry, has started the compilation of Service Producer Price Index (SPPI) in a phased manner. In first phase, the indices of seven services are compiled using the data from administrative/institutional sources, and will be released quarterly.
(P)-Provisional, (F)-Final
Note: Weights have not been assigned to aforementioned services as these services do not cover the entire service sector. However, sub-service level weights under each service, have been computed using the data of FY 2022-23 for arriving at the PPI of respective Services.
Annexure-VII
Annual Service PPIs
- Index is not compiled as the price reference period is FY 2025-26.
Disclaimer: Curated by HT Syndication.
