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    India–Afghanistan Joint Working Group on Trade Holds Virtual Meeting; Reviews Measures to Strengthen Bilateral Trade and Economic Cooperation
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September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
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Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.
September 1, 2026
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Windfall gains tax on petroleum exports rises for petrol and diesel while aviation turbine fuel levy is reduced.
Special additional excise duty and road and infrastructure cess on petroleum-product exports are revised with effect from 1 September 2026. The export duty on diesel is increased, the levy on aviation turbine fuel is marginally reduced, and a duty is imposed on petrol exports. Existing duty rates for petrol and diesel cleared for domestic consumption remain unchanged. The windfall-tax framework seeks to support domestic fuel availability and deter exporters from benefiting from domestic and international price differences.
September 1, 2026
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Automated Free Sale and Commerce Certificate issuance reduces manual scrutiny while preserving risk-based review for eligible exporters.
DGFT has enabled automated issuance of Free Sale and Commerce Certificates through its portal for eligible exporters of items not covered by the Drugs & Cosmetics Act, 1940. Applications satisfying prevailing framework and automated processing parameters may be issued without manual scrutiny. Applications requiring verification or not meeting those parameters may be routed for manual processing, while auto-approved applications may be flagged later for risk-based review. The mechanism seeks faster, more transparent and predictable processing while retaining necessary oversight.
September 1, 2026
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Five-day banking and equitable performance incentives drive planned nationwide bank union strike amid unresolved pension demands.
United Forum of Bank Unions has proposed nationwide strike action over delayed five-day banking, the performance-linked incentive framework, and unresolved pension demands. Five-day banking was agreed under the 12th Bipartite Settlement/9th Joint Note with extended Monday-to-Friday working hours, but remains pending for implementation. Unions challenge the incentive scheme for departing from a uniform, bank-performance-linked approach and for disproportionately benefiting senior officers. The dispute is under conciliation and pending before the Delhi High Court, while pension updation, a uniform dearness allowance formula, and an old pension scheme option remain unresolved.
September 1, 2026
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Equity market volatility intensified as higher crude prices, geopolitical tensions and tighter monetary expectations weakened domestic investor sentiment.
Indian equity markets closed marginally lower as higher crude oil prices, US-Iran tensions, and expectations of prolonged tight United States monetary policy weakened risk appetite. The phased Closing Auction Session contributed to a late recovery in the benchmark index. Rising crude prices and global bond yields triggered broad-based selling across several domestic sectors, while foreign institutional equity sales and weakness in overseas markets added to pressure despite stronger-than-expected domestic economic growth.
September 1, 2026
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GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.

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PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JUNE 2026, AND FINAL ESTIMATES FOR THE MONTH OF APRIL 2026

July 15, 2026

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Provisional Estimates of Wholesale Price Index (Base Year 2022-23) for the month of June 2026

Key highlights of WPI (Base Year 2022-23) for June 2026

  1. All India Wholesale Price Index (WPI) inflation for June 2026 is 9.87 per cent on year-on-year (YoY) basis, compared to 9.68 per cent in May 2026. The index for All Commodities for June 2026 stands at 110.2, whereas it was 109.9 in May 2026.
  2. YoY inflation rates for major groups, namely, Primary Articles, Fuel and Power, and Manufactured Products are 7.0 per cent, 27.41 per cent, and 7.48 per cent, respectively in June 2026, compared to 4.99 per cent, 30.33 per cent, and 7.48 per cent, respectively in May 2026. The indices for Primary Articles, Fuel and Power, and Manufactured Products are 116.1, 111.1, and 107.8, respectively, in June 2026, whereas they were 113.7, 113, and 107.8, respectively, in May 2026.
  3. Across groups, ‘Mineral Oils (containing Petroleum Products)’, ‘Food Articles’, ‘Manufacture of Basic Metals’, and ‘Manufacture of Chemicals and Chemical Products’, have been major drivers of WPI inflation in June 2026.
  4. WPI Food Index (weight=24.99 per cent): The Food Index consists of ‘Food Articles’ from Primary Articles major group, and ‘Manufacture of Food Products’ from Manufactured Products major group. It observed a YoY inflation of 6.14 per cent in June 2026, compared to 4.49 per cent in May 2026.
  5. Monthly indices and Inflation Rate (in per cent) for All commodities and Major Groups, along with major group-wise contribution for the past months are presented in the charts below.

Chart 1: WPI Index and Inflation Rate for All Commodities

Chart 2: WPI Index of Major Groups

Chart 3: Inflation Rate across Major Groups

Chart 4: Major Group-Wise contribution to Inflation

  1. The final index for the month of April 2026 has been revised from 108.8 (Provisional estimate) to 108.9. Accordingly, WPI inflation has been revised from 8.26 per cent, as per provisional estimate to 8.36 as per the final estimate.
  2. The Final Estimate of WPI (Base Year 2022-23) for the month of April 2026 has been compiled with a weighted response rate of 97.5 per cent.
  3. The Provisional Estimate of WPI (Base Year 2022-23) for the month of June 2026 has been compiled with a weighted response rate of 82.6 per cent.
  4. Wholesale Price Index and Year-on-Year (YoY) Inflation Rate for All Commodities, Major Groups, and Groups for the last six months is given at Annexure-I and II.
  5. Cumulative WPI for All Commodities, Major Groups, and Groups from April to June for FY 2023-24, FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure-III.
  6. Cumulative YoY Inflation Rate for All Commodities, Major Groups, and Groups from April to June for FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure- IV.
  7. Item-wise data pertaining to WPI (Base Year 2022-23) series from April 2023 to June 2026 is available at (https://eaindustry.nic.in/download_data_2223.asp).
  8. Provisional indices of WPI, OPPI, and trial IPPI for a reference month are released on the 14th of the following month (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 July 2026 will be on Friday, 14th August 2026.

Annexure-I

WPI for All Commodities, Major Groups and Groups for last six months

Groups/Major Groups

Commodity Weight

Jan-26
(F)

Feb-26
(F)

Mar-26
(F)

Apr-26
(F)

May-26
(P)

Jun-26
(P)

ALL COMMODITIES

100.00000

102.3

103.1

104.6

108.9

109.9

110.2

I. PRIMARY ARTICLES

22.75730

112.1

111.6

111.4

112.8

113.7

116.1

(A). Food Articles

15.97835

113.9

113.1

112.8

114.2

115

117.3

(B). Non-Food Articles

5.52841

107

107.3

107.4

107.6

108.4

110.4

(C). Minerals

1.25054

111.1

112

110.8

118.8

119.7

125.1

II. FUEL AND POWER

14.11433

88

89

93.5

111

113

111.1

(A). Coal and Lignite

0.74136

86.2

86.5

87.8

87.7

86.6

87.9

(B). Mineral Oils

8.19208

84.6

85.8

92.9

121.6

125.7

122.9

(C). Electricity

4.46349

94.5

94.7

91.2

90.8

90.3

91.9

(D). Crude Petroleum & Natural Gas

0.71740

88.7

92.4

119.7

138.8

136.8

120.2

III. MANUFACTURED PRODUCTS

63.12837

102

103.2

104.7

107

107.8

107.8

(A). Manufacture of Food Products

9.02016

107

108

109.1

111

112.3

113.1

(B). Manufacture of Beverages

0.90483

102.9

102.6

102.7

104.4

105.3

105.4

(C). Manufacture of Tobacco Products

0.27645

110.6

122.7

122.6

122.5

123.7

124.3

(D). Manufacture of Textiles

4.08993

93.3

94.4

96.4

99.1

101.4

102.2

(E). Manufacture of Wearing Apparel

1.32948

109.9

109.8

109.9

111

112.2

111.9

(F). Manufacture of Leather and Related Products

0.54137

104.3

104.9

105.5

107.3

108.5

108.6

(G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.07718

109.9

110

112.1

115.2

116.1

116.9

(H). Manufacture of Paper and Paper Products

1.15328

90.1

90.6

91.4

93.7

93.9

93.8

(I). Printing and Reproduction of Recorded Media

0.42618

104.8

105.1

105.8

107

108.3

107

(J). Manufacture of Chemicals and Chemical Products

6.12567

91

91.8

96.5

102.6

102.4

102.4

(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

2.20102

99.6

99.6

100.8

102.3

102.3

102.2

(L). Manufacture of Rubber and Plastic Products

2.71467

95.5

96.3

101.9

106

105.1

106.2

(M). Manufacture of Other Non-Metallic Mineral Products

2.84074

96.3

96.1

96.8

99

98.9

99.6

(N). Manufacture of Basic Metals

8.41133

95.2

98

100.1

103.5

104.1

103.1

(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

4.13294

100.9

102

102.7

104.4

105.8

105.7

(P). Manufacture of Computer, Electronic and Optical Products

2.07628

101.2

101.5

102

101.7

103.4

102.7

(Q). Manufacture of Electrical Equipment

2.64318

108.5

110.2

111

112.7

114.1

114.8

(R). Manufacture of Machinery and Equipment n.e.c.

3.46796

103.9

104.3

104.3

105.1

105.4

105.4

(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

5.43645

105.9

106.4

105.9

106.7

108.5

107.1

(T). Manufacture of Other Transport Equipment

1.39511

105.1

105.2

105.4

106

106.6

106.5

(U). Manufacture of Furniture

0.82618

102

102.6

102.8

105.6

106.1

106.4

(V). Other Manufacturing

2.03798

152.4

156.4

158.8

157

158.8

156.6

FOOD INDEX

24.99851

111.4

111.3

111.5

113

114

115.8

 (P)-Provisional, (F)-Final

  Annexure-II

WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups for last six months

Groups/Major Groups

Commodity Weight

Jan-26
(F)

Feb-26
(F)

Mar-26
(F)

Apr-26
(F)

May-26
(P)

Jun-26
(P)

ALL COMMODITIES

100.00000

1.19

2.18

3.98

8.36

9.68

9.87

I. PRIMARY ARTICLES

22.75730

-0.09

1.64

2.58

3.96

4.99

7

(A). Food Articles

15.97835

-1.3

0.8

1.53

2.61

3.6

5.49

(B). Non-Food Articles

5.52841

3.98

4.68

6.65

7.6

9.49

11.07

(C). Minerals

1.25054

-0.45

1.36

0.09

8

4.91

9.45

II. FUEL AND POWER

14.11433

-3.83

-3.37

3.2

25

30.33

27.41

(A). Coal and Lignite

0.74136

-3.9

-2.37

-0.79

-1.57

-2.26

-1.57

(B). Mineral Oils

8.19208

-4.19

-4.35

4.26

40.74

49.82

46.48

(C). Electricity

4.46349

-2.28

-1.56

-2.04

-2.58

-1.85

-0.76

(D). Crude Petroleum & Natural Gas

0.71740

-9.95

-5.33

26.13

56.31

61.51

34.75

III. MANUFACTURED PRODUCTS

63.12837

2.82

3.61

4.8

6.68

7.48

7.48

(A). Manufacture of Food Products

9.02016

1.61

2.08

2.54

4.72

6.14

7.2

(B). Manufacture of Beverages

0.90483

-1.06

-0.68

-0.68

0.38

1.64

1.44

(C). Manufacture of Tobacco Products

0.27645

2.03

12.57

11.86

12.08

13.59

14.14

(D). Manufacture of Textiles

4.08993

0.97

1.94

4.9

7.25

10.22

10.85

(E). Manufacture of Wearing Apparel

1.32948

3.78

3.39

2.9

3.06

4.28

2.57

(F). Manufacture of Leather and Related Products

0.54137

2.05

2.64

3.23

3.87

4.33

3.63

(G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.07718

3.1

3

5.06

8.07

7.6

9.05

(H). Manufacture of Paper and Paper Products

1.15328

-0.88

-0.66

0.11

2.18

2.74

3.19

(I). Printing and Reproduction of Recorded Media

0.42618

1.16

1.55

2.12

3.08

4.13

2.49

(J). Manufacture of Chemicals and Chemical Products

6.12567

-0.33

0.22

5.7

13

13.4

12.78

(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

2.20102

0.1

0.3

1.1

2.61

3.33

2.82

(L). Manufacture of Rubber and Plastic Products

2.71467

-1.24

-0.72

5.38

10.07

9.59

9.94

(M). Manufacture of Other Non-Metallic Mineral Products

2.84074

-0.31

-0.93

-0.1

1.75

1.02

1.84

(N). Manufacture of Basic Metals

8.41133

5.19

7.34

8.57

10.7

12.3

12.31

(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

4.13294

2.54

2.82

3.42

5.03

6.22

6.12

(P). Manufacture of Computer, Electronic and Optical Products

2.07628

1.3

0.89

-0.58

-1.17

-0.19

-1.53

(Q). Manufacture of Electrical Equipment

2.64318

6.69

7.62

7.98

9.21

11.32

11.03

(R). Manufacture of Machinery and Equipment n.e.c.

3.46796

0.78

1.26

1.07

1.84

2.33

2.13

(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

5.43645

0.38

1.82

0.95

0.85

2.17

1.71

(T). Manufacture of Other Transport Equipment

1.39511

2.34

1.74

1.93

3.21

4.31

4

(U). Manufacture of Furniture

0.82618

-0.58

-0.1

0.19

3.83

5.68

5.03

(V). Other Manufacturing

2.03798

32.52

31.54

32.89

26.21

21.87

20.55

FOOD INDEX

24.99851

-0.36

1.27

1.92

3.29

4.49

6.14

 (P)-Provisional, (F)-Final

Annexure-III

Cumulative WPI for All Commodities, Major Groups, and Groups

Groups/Major Groups

Commodity Weight

Apr-Jun 2023

Apr-Jun 2024

Apr-Jun 2025

Apr-Jun 2026

ALL COMMODITIES

100.00000

98.6

100.3

100.3

109.7

I. PRIMARY ARTICLES

22.75730

102.5

110.2

108.4

114.2

(A). Food Articles

15.97835

103.9

114.2

111.2

115.5

(B). Non-Food Articles

5.52841

98.9

98

99.5

108.8

(C). Minerals

1.25054

100.8

113.8

112.8

121.2

II. FUEL AND POWER

14.11433

92

91.2

87.6

111.7

(A). Coal and Lignite

0.74136

92.6

89.3

89

87.4

(B). Mineral Oils

8.19208

89.9

90

84.7

123.4

(C). Electricity

4.46349

95.2

92

92.6

91

(D). Crude Petroleum & Natural Gas

0.71740

94.3

101.5

87.6

131.9

III. MANUFACTURED PRODUCTS

63.12837

98.7

98.8

100.3

107.5

(A). Manufacture of Food Products

9.02016

98.2

100.3

105.8

112.1

(B). Manufacture of Beverages

0.90483

102.4

103.7

103.8

105

(C). Manufacture of Tobacco Products

0.27645

103.9

106.8

109

123.5

(D). Manufacture of Textiles

4.08993

93.6

92.7

92.2

100.9

(E). Manufacture of Wearing Apparel

1.32948

102.4

104.2

108.1

111.7

(F). Manufacture of Leather and Related Products

0.54137

101.3

101.3

104

108.1

(G). Manufacture Of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.07718

102

103.1

107.2

116.1

(H). Manufacture of Paper and Paper Products

1.15328

92.6

89.2

91.3

93.8

(I). Printing and Reproduction of Recorded Media

0.42618

103.1

104.3

104.1

107.4

(J). Manufacture of Chemicals and Chemical Products

6.12567

93.9

91.1

90.6

102.5

(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

2.20102

101

99.4

99.4

102.3

(L). Manufacture of Rubber and Plastic Products

2.71467

96.1

95.4

96.3

105.8

(M). Manufacture of Other Non-Metallic Mineral Products

2.84074

99.3

96.5

97.7

99.2

(N). Manufacture of Basic Metals

8.41133

96.4

94.7

92.7

103.6

(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

4.13294

100.4

100.2

99.5

105.3

(P). Manufacture of Computer, Electronic and Optical Products

2.07628

98.5

96.5

103.6

102.6

(Q). Manufacture of Electrical Equipment

2.64318

100.8

101.8

103

113.9

(R). Manufacture of Machinery and Equipment n.e.c.

3.46796

102.1

102.2

103.1

105.3

(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

5.43645

103.1

106.3

105.8

107.4

(T). Manufacture of Other Transport Equipment

1.39511

101

101.3

102.4

106.4

(U). Manufacture of Furniture

0.82618

101.9

101.6

101.1

106

(V). Other Manufacturing

2.03798

104.7

113

128.2

157.5

FOOD INDEX

24.99851

101.9

109.2

109.2

114.3

Note: Cumulative Index has been calculated by taking Arithmetic Mean of 3 months indices

 

Annexure-IV

 Cumulative WPI Inflation Rate (YoY) for All Commodities, Major Groups, and Groups

Groups/Major Groups

Weight

Apr-Jun 2024

Apr-Jun 2025

Apr-Jun 2026

All Commodities

100.00000

1.72

0

9.37

I. Primary Articles

22.75730

7.51

-1.63

5.35

(A). Food Articles

15.97835

9.91

-2.63

3.87

(B). Non-Food Articles

5.52841

-0.91

1.53

9.35

(C). Minerals

1.25054

12.9

-0.88

7.45

II. Fuel and Power

14.11433

-0.87

-3.95

27.51

(A). Coal and Lignite

0.74136

-3.56

-0.34

-1.8

(B). Mineral Oils

8.19208

0.11

-5.89

45.69

(C). Electricity

4.46349

-3.36

0.65

-1.73

(D). Crude Petroleum & Natural Gas

0.71740

7.64

-13.69

50.57

III. Manufactured Products

63.12837

0.1

1.52

7.18

(A). Manufacture of Food Products

9.02016

2.14

5.48

5.95

(B). Manufacture of Beverages

0.90483

1.27

0.1

1.16

(C). Manufacture of Tobacco Products

0.27645

2.79

2.06

13.3

(D). Manufacture of Textiles

4.08993

-0.96

-0.54

9.44

(E). Manufacture of Wearing Apparel

1.32948

1.76

3.74

3.33

(F). Manufacture of Leather and Related Products

0.54137

0

2.67

3.94

(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.07718

1.08

3.98

8.3

(H). Manufacture of Paper and Paper Products

1.15328

-3.67

2.35

2.74

(I). Printing and Reproduction of Recorded Media

0.42618

1.16

-0.19

3.17

(J). Manufacture of Chemicals and Chemical Products

6.12567

-2.98

-0.55

13.13

(K). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

2.20102

-1.58

0

2.92

(L). Manufacture of Rubber and Plastic Products

2.71467

-0.73

0.94

9.87

(M). Manufacture of Other Non-Metallic Mineral Products

2.84074

-2.82

1.24

1.54

(N). Manufacture of Basic Metals

8.41133

-1.76

-2.11

11.76

(O). Manufacture of Fabricated Metal Products, except Machinery and Equipment

4.13294

-0.2

-0.7

5.83

(P). Manufacture of Computer, Electronic and Optical Products

2.07628

-2.03

7.36

-0.97

(Q). Manufacture of Electrical Equipment

2.64318

0.99

1.18

10.58

(R). Manufacture of Machinery and Equipment n.e.c.

3.46796

0.1

0.88

2.13

(S). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

5.43645

3.1

-0.47

1.51

(T). Manufacture of Other Transport Equipment

1.39511

0.3

1.09

3.91

(U). Manufacture of Furniture

0.82618

-0.29

-0.49

4.85

(V). Other Manufacturing

2.03798

7.93

13.45

22.85

Food Index

24.99851

7.16

0

4.67

Provisional Estimates of Output Producer Price Index (Base Year 2022-23) for the month of June 2026

  1. Key highlights of Output PPI (Base Year 2022-23) for June 2026
  1. All India Output PPI for All Commodities for June 2026 stands at 109.9, whereas it was 109.6 in May 2026.
  2. WPI indices for Agriculture, Forestry and Fishing; Mining and Quarrying; Manufactured Products; and Electricity are 114.1, 121.5, 109.2, and 92.0, respectively, in June 2026, whereas they were 111.9, 122.3, 109.5, and 90.2, respectively, in May 2026.
  3. Monthly indices for All Commodities and Major Groups, for the past 13 months are presented in the charts below.

Chart 5: Output PPI for All Commodities

Chart 6: Output PPI across Major Groups

  1. The final index of Output PPI for the month of April 2026 has been revised from 108.6 (Provisional estimate) to 108.8.
  2. Output PPI for All Commodities, Major Groups, and Groups for the last six months is given at Annexure-V.
  3. Cumulative Output PPI for All Commodities, Major Groups, and Groups from April to June for FY for FY 2023-24, FY 2024-25, FY 2025-26, and FY 2026-27 is given at Annexure-VI.
  4. SUT category-wise index pertaining to Output PPI (Base Year 2022-23) series from April 2023 to June 2026 is available at (https://eaindustry.nic.in/download_data_2223.asp).

Annexure-V

Output PPI for All Commodities, Major Groups and Groups for last six months

Groups/Major Groups

Weight

Jan-26 (F)

Feb-26 (F)

Mar-26 (F)

Apr-26 (F)

May-26 (P)

Jun-26 (P)

ALL COMMODITIES

100.00000

102.6

103.3

104.9

108.8

109.6

109.9

AGRICULTURE, FORESTRY AND FISHING

22.15648

111.3

110.8

110.6

111.4

111.9

114.1

Crop and Animal Production, Hunting and Related Service Activities 

19.03219

111.7

111.3

111

111.5

111.8

114.3

Forestry and Logging

1.67481

114.4

115

115.4

116.7

117.2

118

Fishing and Aquaculture

1.44948

102.7

99.3

100.1

103.2

106.9

106.6

MINING AND QUARRYING

3.42065

106.9

109.9

117

125.2

122.3

121.5

Mining of Metal Ores

0.70792

158.6

168

171.5

174.7

174.8

178.7

Mining of Coal and Lignite

0.7398

86.2

86.5

87.8

87.7

86.6

87.9

Other Mining and Quarrying

1.23208

103.2

103.2

100.5

109.9

105.2

113.1

Extraction of Crude Petroleum and Natural Gas

0.74085

84.5

88.9

121.7

141

136.2

114.2

MANUFACTURED PRODUCTS

69.93568

100.1

101.2

103.4

108.3

109.5

109.2

(A). Manufacture of Food Products

8.47196

107.5

108.3

109.2

111

112.2

113.2

(B). Manufacture of Beverages

0.8417

103.1

102.7

102.8

104.6

105.5

105.5

(C). Manufacture of Tobacco Products

0.25705

111.9

125.9

125.9

125.4

126.7

127.4

(D). Manufacture of Textiles

4.38774

93.7

95

97.8

100.9

103.1

104.3

(E). Manufacture of Wearing Apparel

1.20494

108.8

108.7

108.7

109.9

111.2

110.8

(F). Manufacture of Leather and Related Products

0.49989

103.1

103.6

104.2

105.9

107.2

107.3

(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.08949

108.1

108.3

110.3

113.3

114.4

114.8

(H). Manufacture of Paper and Paper Products

1.03128

90.3

90.7

91.6

93.9

94.1

94.1

(I). Printing and Reproduction of Recorded Media

0.30931

105.6

106.1

107.1

109.3

109.4

109.6

(J). Manufacture of Coke and Refined Petroleum Products

7.14818

84.5

85.7

92.7

121.1

125.1

122.3

(K). Manufacture of Chemicals and Chemical Products

5.74793

91.5

92.2

97.3

103.3

102.7

103

(L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products

1.92807

100.7

100.6

101.8

103.2

103.1

103

(M). Manufacture of Rubber and Plastic Products

2.57252

95.9

96.9

102.5

106.7

105.7

106.8

(N). Manufacture of Other Non-Metallic Mineral Products

2.50437

96

95.8

96.4

99

98.7

99.5

(O). Manufacture of Basic Metals

7.465

94.3

96.6

99

102.7

103.9

102.7

(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

3.15198

99.3

100.4

101.1

102.3

103.6

104

(Q). Manufacture of Computer, Electronic and Optical Products

1.7748

104.4

104.6

104.6

104.3

106

104.7

(R). Manufacture of Electrical Equipment

3.81453

103.1

104

104.4

105.7

107.1

107.9

(S). Manufacture of Machinery and Equipment n.e.c.

2.46158

104.1

104.7

104.8

105.7

105.7

105.6

(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

4.39321

106.4

106.9

106.6

107.4

108.8

107.6

(U). Manufacture of Other Transport Equipment

1.34392

106

106.1

106.4

107.2

107.5

107.6

(V). Manufacture of Furniture

0.73566

102.9

103.2

103.7

105.3

105.2

105.4

(W). Other Manufacturing

6.80057

115.9

118.3

119.9

120.9

122

121

ELECTRICITY

4.48719

94.5

94.5

91.1

90.8

90.2

92

Electricity

4.48719

94.5

94.5

91.1

90.8

90.2

92

  (P)-Provisional, (F)-Final

Annexure-VI

Cumulative Output PPI for All Commodities, Major Groups and Groups

Groups/Major Groups

Weight

Apr-Jun 2023-24

Apr-Jun 2024-25

Apr-Jun 2025-26

Apr-Jun 2026-27

ALL COMMODITIES

100.00000

98.6

100.1

100.3

109.4

AGRICULTURE, FORESTRY AND FISHING

22.15648

102.8

108.6

107.2

112.5

Crop and Animal Production, Hunting and Related Service Activities 

19.03219

102.7

108.7

106.9

112.5

Forestry and Logging

1.67481

102.5

112.7

115.1

117.3

Fishing and Aquaculture

1.44948

104.5

102.2

101.6

105.6

MINING AND QUARRYING

3.42065

97.1

105.6

103.5

123

Mining of Metal Ores

0.70792

107

126.3

141.8

176.1

Mining of Coal and Lignite

0.7398

92.6

89.3

89

87.4

Other Mining and Quarrying

1.23208

98.4

107.9

102.9

109.4

Extraction of Crude Petroleum and Natural Gas

0.74085

89.9

98.2

82.6

130.5

MANUFACTURED PRODUCTS

69.93568

97.6

97.6

98.5

109

(A). Manufacture of Food Products

8.47196

97.1

99.5

105.7

112.1

(B). Manufacture of Beverages

0.8417

102.5

103.9

104

105.2

(C). Manufacture of Tobacco Products

0.25705

103.8

106.8

109.3

126.5

(D). Manufacture of Textiles

4.38774

93.7

93

92.4

102.8

(E). Manufacture of Wearing Apparel

1.20494

101.9

103.3

107.3

110.6

(F). Manufacture of Leather and Related Products

0.49989

100.8

100.3

102.6

106.8

(G). Manufacture of Wood and Products of Wood and Cork, except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.08949

102

102.6

106.1

114.2

(H). Manufacture of Paper and Paper Products

1.03128

92.6

89.3

91.5

94

(I). Printing and Reproduction of Recorded Media

0.30931

103.8

105

105.3

109.4

(J). Manufacture of Coke and Refined Petroleum Products

7.14818

90

90

84.7

122.8

(K). Manufacture of Chemicals and Chemical Products

5.74793

94.1

91.2

91.1

103

(L). Manufacture of Basic Pharmaceuticals, Medicinal Chemical and Botanical Products

1.92807

101.7

99.2

99.4

103.1

(M). Manufacture of Rubber and Plastic Products

2.57252

96.2

95.5

96.3

106.4

(N). Manufacture of Other Non-Metallic Mineral Products

2.50437

99.1

96.2

97.1

99.1

(O). Manufacture of Basic Metals

7.465

96.2

94.6

92

103.1

(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

3.15198

99.5

99.5

98.4

103.3

(Q). Manufacture of Computer, Electronic and Optical Products

1.7748

98.4

95.7

107.1

105

(R). Manufacture of Electrical Equipment

3.81453

99.8

99.3

100.6

106.9

(S). Manufacture of Machinery and Equipment n.e.c.

2.46158

102.2

102.7

103.2

105.7

(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers

4.39321

103.3

106.5

106

107.9

(U). Manufacture of Other Transport Equipment

1.34392

101.4

101.6

103.4

107.4

(V). Manufacture of Furniture

0.73566

101.9

101.4

101.5

105.3

(W). Other Manufacturing

6.80057

101.6

103.1

108.1

121.3

ELECTRICITY

4.48719

95.2

92

92.6

91

Electricity

4.48719

95.2

92

92.6

91

Note: Cumulative Index has been calculated by taking Arithmetic Mean of 3 months indices

Provisional Estimates of Trial Input Producer Price Index (IPPI) (Base Year 2022-23) for the month of June 2026

  1. All India trial Input PPI for Manufacturing Sector for June 2026 stands at 107.1 (Provisional estimate).
  2. Trial Input PPI for Manufacturing Sector for the month of April 2026 has been revised from 104.9 (provisional estimate) to 104.2 (final estimate).
  3. Trial Input PPI for all Manufacturing Industries at NIC-2-digit, for the months of March, April May, and June 2026 is given below.

Trial Input PPI for all Manufacturing Industries at NIC-2-digit

Industry Group

Weight

Mar-26
(F)

Apr-26
(F)

May-26
(P)

Jun-26
(P)

Manufacturing Sector

100.00000

100.9

104.2

104.9

107.1

(A). Manufacture of Food Products

14.84638

107.1

108.3

110.5

112.2

(B). Manufacture of Beverages

1.03035

106

104.5

104.8

105.5

(C). Manufacture of Tobacco Products

0.26443

128

124.7

125.7

123.4

(D). Manufacture of Textiles

5.88918

95.5

100.8

103.1

107.8

(E). Manufacture of Wearing Apparel

1.57012

105.6

106.6

108.3

109.6

(F). Manufacture of Leather and Related Products

0.77634

96.3

96

96.2

96

(G). Manufacture of Wood and Products of Wood and Cork, Except Furniture; Manufacture of Articles of Straw and Plaiting Materials

1.82194

99.7

110.8

110.8

112.3

(H). Manufacture of Paper and Paper Products

0.87494

95.1

96.8

97.1

97

(I). Printing and Reproduction of Recorded Media

0.46606

96.4

98.3

101.2

98.5

(J). Manufacture of Coke and Refined Petroleum Products

12.3291

98.2

105.2

105.8

113.5

(K). Manufacture of Chemicals and Chemical Products

7.98919

100.9

107.9

111.8

112.5

(L). Manufacture of Basic Pharmaceutical Products and Pharmaceutical Preparations 

2.40463

98.2

103.5

104.9

105.6

(M). Manufacture of Rubber and Plastic Products

3.40235

105.9

109.8

111.9

112.1

(N). Manufacture of Other Non-Metallic Mineral Products

3.28306

92.3

96.4

93.2

92.6

(O). Manufacture of Basic Metals

11.25229

98.3

100.6

98.5

99.2

(P). Manufacture of Fabricated Metal Products, except Machinery and Equipment

5.59239

99.7

102.2

103.9

105.4

(Q). Manufacture of Computer, Electronic and Optical Products

2.22964

108

108.2

108.4

111.5

(R). Manufacture of Electrical Equipment

3.64437

111.5

113.4

115.8

117.7

(S). Manufacture of Machinery and Equipment n.e.c.

5.07784

102.2

105

102.7

105.3

(T). Manufacture of Motor Vehicles, Trailers and Semi-Trailers, and Manufacture of Other Transport Equipment

10.49446

101.5

102.8

104.1

104.9

(U). Manufacture of Furniture

0.98353

97.6

101.1

101.6

98.6

(V). Other Manufacturing

3.77741

88.9

88.4

83.1

88

 (P)-Provisional, (F)-Final

Topics

Acts Income Tax