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    PROVISIONAL ESTIMATES OF WHOLESALE PRICE INDEX, OUTPUT PRODUCER PRICE INDEX, AND TRIAL INPUT PRODUCER PRICE INDEX FOR THE MONTH OF JULY 2026, AND FINA...
    Logistics Data Bank Tracks 10 Crore EXIM Containers, Provides Visibility across Logistics Chain
    APEDA and Government of Tripura Organise International Organic Buyer-Seller Meet to Expand Global Market Linkages
    WPI inflation eases to 9.78 pc in July on softening in fuel prices
    IDFC FIRST Bank secures its first international rating with Investment Grade from S&P Global Ratings
    DRI busts illegal drug manufacturing facility in Jewar, UP; 30 kg drugs seized and two persons arrested
    UCO Bank launches IFSC Banking Unit at GIFT City
    Banking sector has key role to play as India on way to become 3rd largest economy: Gujarat CM
    India's exports to US rise 12.85 pc in Jul; shipments to China jump 64.57 pc: Govt data
    50 tonnes of copper without e-way bills seized by Delhi GST, Railways joint team
    India's exports surge 19.6 pc in Jul; trade deficit widens to six-month high
    CBI ARRESTS CGST SUPERINTENDENT IN BRIBERY CASE
    The cumulative exports (merchandise & services) during April-July 2026-27 is estimated at US$ 316.42 Billion, as compared to US$ 279.63 Billion in Apr...
    Unlimit Mobile Ties Up with ICICI Bank Canada, RBC Royal Bank to Add Mobile Connectivity Benefits to Student GIC Journey
    Standard Chartered Accelerates India's GCC Growth with its Global Banking Expertise and 25 Years of GCC Experience
    IFSCA Grants Nexent Capital GIFT City Investment Banking License
    India's exports rise 19.63 pc to USD 44.24 bn in Jul; trade deficit widens to $31.98 bn
    Vizhinjam port to commence EXIM operations from Aug 18: Kerala CM Satheesan
    Ratul Puri: Beyond Low-Cost Power to Clean Energy Reliability
    PMS Bazaar Collaborates with NSDL Database Management Limited (NDML Accreditation Agency) to Expand Access to SEBI Accredited Investor Certification
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    August 14, 2026
    Show AI Summary
    Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
    Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
    August 14, 2026
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    Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
    Logistics Data Bank provides near real-time visibility of India's EXIM container movement through technology-based tracking and stakeholder monitoring tools. RFID-based coverage extends across ports, terminals, inland logistics facilities, rail networks, industrial zones, borders and highways. The platform uses RFID, Internet of Things, Big Data and Cloud technologies, with analytics on dwell time, transit time, and port and terminal performance to identify logistics bottlenecks. LDB 2.0 adds high-seas tracking of export containers and multimodal shipment visibility.
    August 14, 2026
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    International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
    International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
    August 14, 2026
    Show AI Summary
    Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
    Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
    August 14, 2026
    Show AI Summary
    International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
    IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
    August 14, 2026
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    Clandestine psychotropic drug manufacturing faces enforcement targeting precursor chemicals, concealed laboratories, illicit production networks and trafficking operations.
    Enforcement action against clandestine manufacture of psychotropic substances led to the detection of a residential drug-production facility. Searches recovered amphetamine and intermediary forms, precursor chemicals, reagents, raw materials, and manufacturing equipment. Field testing indicated the presence of amphetamine, a psychotropic substance regulated under the Narcotic Drugs and Psychotropic Substances Act, 1985. The recovered apparatus and materials indicated illicit manufacture, while preliminary investigation pointed to short-term, intermittently operated facilities intended to conceal production activities.
    August 13, 2026
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    International banking unit expands cross-border financing, trade finance and foreign-currency service access through GIFT City operations.
    UCO Bank has launched an International Financial Services Centre Banking Unit at GIFT City to provide permitted international banking services. The unit offers trade finance, external commercial borrowings, foreign-currency loans, loan syndication, treasury services and other permitted financial services. It serves Indian corporates, exporters, importers, financial institutions, overseas businesses and other eligible customers requiring cross-border financing and access to global financial markets. FCNR(B) deposits are also offered through the unit.
    August 13, 2026
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    Last-mile credit access is prioritised through timely lending, wider beneficiary coverage, digital support and stronger fraud vigilance.
    Banking-sector participation is emphasised through last-mile credit access for MSMEs, women entrepreneurs, rural artisans, small farmers and other underserved beneficiaries. Banks are urged to expedite government-scheme applications, maximise coverage and use technology for timely financial support. Industrial-policy assistance and incentives cover startups, SC/ST entrepreneurs, persons with disabilities and first-generation entrepreneurs. Greater coordination, expanded village banking access, and vigilance against cyber fraud and mule accounts are also prioritised.
    August 13, 2026
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    Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
    India's merchandise trade data records increased July exports to the United States and China, alongside growth in imports from both markets. Exports to Singapore, the United Arab Emirates, the Netherlands, Germany, South Africa, Tanzania, Australia, Malaysia, Sri Lanka, Italy and Vietnam showed positive growth, while July exports declined for the United Kingdom, Bangladesh, Saudi Arabia and Nepal. Imports also increased from Russia, Korea, Singapore, Germany, Oman, Malaysia, Taiwan and Brazil. India and the United States are negotiating a trade pact amid an additional United States tariff on India.
    August 13, 2026
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    GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
    GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
    August 13, 2026
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    Merchandise trade deficit widens as import growth outpaces exports despite strong petroleum, electronics and engineering shipments.
    Merchandise trade in July 2026 saw exports rise 19.63 per cent and imports increase 17.52 per cent, widening the trade deficit to a six-month high. Petroleum products, electronics, engineering goods and marine goods supported export growth, while crude oil and several commodity and capital-goods categories increased imports. During April-July 2026-27, faster import growth widened the cumulative merchandise trade deficit compared with the corresponding prior-year period.
    August 13, 2026
    Show AI Summary
    Bribery allegations in GST enforcement prompted arrest after alleged payment demand to avoid a tax-liability notice.
    Bribery allegations involving GST enforcement led to the arrest of a CGST Superintendent after a complaint alleged that payment was demanded from a private company to avoid issuance of a tax-liability demand notice and to close the matter. A trap operation resulted in the public servant being apprehended while allegedly accepting part of the demanded bribe, and the amount accepted was recovered. Searches were undertaken, and investigation remained ongoing.
    August 13, 2026
    Show AI Summary
    Trade performance shows rising merchandise and services exports, but faster import growth expands the overall trade deficit.
    India's combined merchandise and services exports and imports increased in July 2026 and April-July 2026-27, while the overall trade deficit widened. Cumulative exports were estimated at US$ 316.42 billion and imports at US$ 365.85 billion, resulting in a trade deficit of US$ 49.43 billion. Merchandise exports, non-petroleum exports, and exports excluding petroleum and gems and jewellery grew, led by petroleum products, electronic goods, engineering goods and chemicals. Services trade recorded a cumulative surplus of US$ 69.17 billion.
    August 13, 2026
    Show AI Summary
    Student GIC referral programmes integrate connectivity credits with funding verification and post-arrival banking arrangements for eligible international students.
    Referral arrangements connect mobile connectivity benefits with the Student Guaranteed Investment Certificate application journey. Applicants may access an online portal through a referral link, submit documents, complete know-your-customer verification, and fund the GIC from permitted Indian bank accounts in no more than two transactions. After arrival, students may activate the GIC account and open a linked bank account for receipt of GIC transfers. Eligible verified applicants receive non-cash mobile credits usable only against mobile bills, subject to a cap on the bill portion payable through credits.
    August 13, 2026
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    Global Capability Centre banking support connects offshore and onshore operations to simplify financial management and enable cross-border expansion.
    Global Capability Centre banking support is positioned around connected offshore and onshore banking, international network access, digital banking platforms, and expertise in treasury centres, cross-border corporates, and evolving GCC operating models. The approach seeks to simplify financial operations and support GCC expansion across global markets. India's GCC ecosystem is characterised as a leading global capability hub, with capability centres evolving into strategic enterprise hubs requiring support for operational and financial complexities across markets.
    August 13, 2026
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    Investment banking registration enables regulated cross-border offerings, listings, debt transactions and capital-market advisory through GIFT City.
    IFSCA registration under the IFSCA (Capital Market Intermediaries) Regulations, 2025 authorises Nexent Capital IFSC Private Limited to operate as an investment banker from GIFT City. Permitted activities include management of initial and follow-on public offerings, SPAC and secondary listings, depository receipt issuances, debt capital-market transactions, and other capital-market advisory mandates. The firm proposes to provide transaction structuring, listing-readiness, execution and post-listing capital-markets support for companies seeking capital raising and listing opportunities through GIFT City's exchanges.
    August 13, 2026
    Show AI Summary
    Merchandise export growth was driven by petroleum, electronics, engineering and marine goods, while rising imports widened the trade deficit.
    India's merchandise exports increased in July, while imports also rose and widened the trade deficit. Export growth was attributed to higher overseas shipments of petroleum products, electronics, engineering goods and marine goods. Exports and imports both recorded growth during the April-July fiscal period, and exports to West Asian countries increased in July.
    August 13, 2026
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    EXIM operations at international seaport to commence after customs clearance, bonded-area establishment, and temporary highway connectivity.
    Vizhinjam International Seaport is scheduled to commence EXIM operations after Customs clearance, issuance of Customs notifications, establishment of a Customs-bonded area, and temporary connectivity to NH-66. The port had previously handled transshipment operations. A proposed transfer of a stake in the port concessionaire to a foreign shipping company remains under committee examination and requires Central Government consideration of strategic and security aspects.
    August 13, 2026
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    Renewable energy reliability requires storage, grid readiness and ancillary service markets alongside competitive clean-power procurement.
    Renewable energy procurement is shifting beyond lowest tariffs towards dependable, dispatchable and affordable clean power, assessed through capacity value, balancing capability and system economics. Storage-backed renewable and hybrid projects can improve renewable utilisation, reduce variability and curtailment, and support peak demand. Higher renewable penetration also requires supportive storage policies, timely approvals, aligned intrastate transmission planning, stronger distribution infrastructure, and market mechanisms for ramping reserves, frequency response and fast-response balancing services.
    August 13, 2026
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    Accredited Investor certification facilitates eligible investors' access to alternative investment products, lower thresholds and applicable regulatory flexibilities.
    SEBI's Accredited Investor framework enables eligible investors and entities to obtain certification that may allow lower minimum investment thresholds for Portfolio Management Services, Alternative Investment Funds and other alternative investment products, along with applicable regulatory flexibilities. PMS Bazaar and NSDL Database Management Limited's Accreditation Agency facilitate end-to-end applications, subject to required documentation and prescribed payment. Assistance is available to individual investors and eligible clients of investment providers without additional platform, service or processing charges, while prescribed certification fees remain payable.

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      News and Press Release

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

      August 14, 2026

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

      1. Key highlights of WPI (Base Year 2022-23) for July 2026
      1. All India Wholesale Price Index (WPI) inflation for July 2026 is 9.78 per cent on year-on-year (YoY) basis, compared to 9.87 per cent in June 2026. The index for All Commodities for July 2026 stands at 110.0, whereas it was 110.2 in June 2026.
      2. YoY inflation rates for major groups, namely, Primary Articles, Fuel and Power, and Manufactured Products are 8.52 per cent, 20.05 per cent, and 8.29 per cent, respectively in July 2026, compared to 7.0 per cent, 27.41 per cent, and 7.48 per cent, respectively in June 2026. The indices for Primary Articles, Fuel and Power, and Manufactured Products are 117.2, 105.4, and 108.4, respectively, in July 2026, whereas they were 116.1, 111.1, and 107.8, respectively, in June 2026.
      3. Across groups, ‘Mineral Oils (containing Petroleum Products)’, ‘Food Articles’, ‘Manufacture of Basic Metals’, ‘Non-Food Articles’, ‘Manufacture of Food Products’, and ‘Manufacture of Chemicals and Chemical Products’ have been major drivers of WPI inflation in July 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 6.65 per cent in July 2026, compared to 6.14 per cent in June 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

      1

      Chart 2: WPI Index of Major Groups

      2

      Chart 3: Inflation Rate across Major Groups

      3

      Chart 4: Major Group-Wise contribution to Inflation

      4

      1. The final index for the month of May 2026 has been revised from 109.9 (Provisional estimate) to 110.1. Accordingly, WPI inflation has been revised from 9.68 per cent, as per provisional estimate to 9.88 per cent as per the final estimate.
      2. The Final Estimate of WPI (Base Year 2022-23) for the month of May 2026 has been compiled with a weighted response rate of 98.14 per cent.
      3. The Provisional Estimate of WPI (Base Year 2022-23) for the month of July 2026 has been compiled with a weighted response rate of 78.55 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 respectively.
      5. Cumulative WPI for All Commodities, Major Groups, and Groups from April to July 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 July 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 July 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 August 2026 will be on Monday, 14th September 2026.

            Annexure-I

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

      Groups/Major Groups

      Commodity Weight

      Feb-26
      (F)

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (F)

      Jun-26
      (P)

      Jul-26
      (P)

      ALL COMMODITIES

      100.00000

      103.1

      104.6

      108.9

      110.1

      110.2

      110

      I. PRIMARY ARTICLES

      22.75730

      111.6

      111.4

      112.8

      114

      116.1

      117.2

      (A). Food Articles

      15.97835

      113.1

      112.8

      114.2

      115.1

      117.3

      118.2

      (B). Non-Food Articles

      5.52841

      107.3

      107.4

      107.6

      109.1

      110.4

      112.6

      (C). Minerals

      1.25054

      112

      110.8

      118.8

      121

      125.1

      125.4

      II. FUEL AND POWER

      14.11433

      89.0

      93.5

      111.0

      113.4

      111.1

      105.4

      (A). Coal and Lignite

      0.74136

      86.5

      87.8

      87.7

      86.6

      87.9

      88.4

      (B). Mineral Oils

      8.19208

      85.8

      92.9

      121.6

      125.7

      122.9

      113.2

      (C). Electricity

      4.46349

      94.7

      91.2

      90.8

      91.5

      91.9

      92.4

      (D). Crude Petroleum & Natural Gas

      0.71740

      92.4

      119.7

      138.8

      136.8

      120.2

      114.8

      III. MANUFACTURED PRODUCTS

      63.12837

      103.2

      104.7

      107.0

      108.0

      107.8

      108.4

      (A). Manufacture of Food Products

      9.02016

      108

      109.1

      111

      112.4

      113.1

      115.1

      (B). Manufacture of Beverages

      0.90483

      102.6

      102.7

      104.4

      104.9

      105.4

      105.1

      (C). Manufacture of Tobacco Products

      0.27645

      122.7

      122.6

      122.5

      122.8

      124.3

      124.7

      (D). Manufacture of Textiles

      4.08993

      94.4

      96.4

      99.1

      102.1

      102.2

      104

      (E). Manufacture of Wearing Apparel

      1.32948

      109.8

      109.9

      111

      111.6

      111.9

      111.6

      (F). Manufacture of Leather and Related Products

      0.54137

      104.9

      105.5

      107.3

      108.4

      108.6

      109.4

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

      1.07718

      110

      112.1

      115.2

      115

      116.9

      116.3

      (H). Manufacture of Paper and Paper Products

      1.15328

      90.6

      91.4

      93.7

      94.1

      93.8

      94.2

      (I). Printing and Reproduction of Recorded Media

      0.42618

      105.1

      105.8

      107

      108.1

      107

      108.5

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      91.8

      96.5

      102.6

      103.6

      102.4

      102.6

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

      2.20102

      99.6

      100.8

      102.3

      102.9

      102.2

      103.6

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      96.3

      101.9

      106

      106.3

      106.2

      106.3

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

      2.84074

      96.1

      96.8

      99

      99.2

      99.6

      99.9

      (N). Manufacture of Basic Metals

      8.41133

      98

      100.1

      103.5

      104.9

      103.1

      102.2

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

      4.13294

      102

      102.7

      104.4

      105.9

      105.7

      106.6

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

      2.07628

      101.5

      102

      101.7

      102.7

      102.7

      104.1

      (Q). Manufacture of Electrical Equipment

      2.64318

      110.2

      111

      112.7

      114.2

      114.8

      116.5

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

      3.46796

      104.3

      104.3

      105.1

      105.3

      105.4

      106

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

      5.43645

      106.4

      105.9

      106.7

      107

      107.1

      107.5

      (T). Manufacture of Other Transport Equipment

      1.39511

      105.2

      105.4

      106

      106.4

      106.5

      107.7

      (U). Manufacture of Furniture

      0.82618

      102.6

      102.8

      105.6

      105.6

      106.4

      105.5

      (V). Other Manufacturing

      2.03798

      156.4

      158.8

      157

      158.2

      156.6

      157

      FOOD INDEX

      24.99851

      111.3

      111.5

      113

      114.1

      115.8

      117.1

       (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

      Feb-26
      (F)

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (F)

      Jun-26
      (P)

      Jul-26
      (P)

      ALL COMMODITIES

      100.00000

      2.18

      3.98

      8.36

      9.88

      9.87

      9.78

      I. PRIMARY ARTICLES

      22.75730

      1.64

      2.58

      3.96

      5.26

      7

      8.52

      (A). Food Articles

      15.97835

      0.8

      1.53

      2.61

      3.69

      5.49

      5.44

      (B). Non-Food Articles

      5.52841

      4.68

      6.65

      7.6

      10.2

      11.07

      17.66

      (C). Minerals

      1.25054

      1.36

      0.09

      8

      6.05

      9.45

      13.28

      II. FUEL AND POWER

      14.11433

      -3.37

      3.20

      25.00

      30.80

      27.41

      20.05

      (A). Coal and Lignite

      0.74136

      -2.37

      -0.79

      -1.57

      -2.26

      -1.57

      -0.56

      (B). Mineral Oils

      8.19208

      -4.35

      4.26

      40.74

      49.82

      46.48

      32.4

      (C). Electricity

      4.46349

      -1.56

      -2.04

      -2.58

      -0.54

      -0.76

      1.09

      (D). Crude Petroleum & Natural Gas

      0.71740

      -5.33

      26.13

      56.31

      61.51

      34.75

      26.99

      III. MANUFACTURED PRODUCTS

      63.12837

      3.61

      4.80

      6.68

      7.68

      7.48

      8.29

      (A). Manufacture of Food Products

      9.02016

      2.08

      2.54

      4.72

      6.24

      7.2

      8.89

      (B). Manufacture of Beverages

      0.90483

      -0.68

      -0.68

      0.38

      1.25

      1.44

      0.96

      (C). Manufacture of Tobacco Products

      0.27645

      12.57

      11.86

      12.08

      12.76

      14.14

      13.36

      (D). Manufacture of Textiles

      4.08993

      1.94

      4.9

      7.25

      10.98

      10.85

      12.8

      (E). Manufacture of Wearing Apparel

      1.32948

      3.39

      2.9

      3.06

      3.72

      2.57

      3.33

      (F). Manufacture of Leather and Related Products

      0.54137

      2.64

      3.23

      3.87

      4.23

      3.63

      4.59

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

      1.07718

      3

      5.06

      8.07

      6.58

      9.05

      7.78

      (H). Manufacture of Paper and Paper Products

      1.15328

      -0.66

      0.11

      2.18

      2.95

      3.19

      3.18

      (I). Printing and Reproduction of Recorded Media

      0.42618

      1.55

      2.12

      3.08

      3.94

      2.49

      3.73

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      0.22

      5.7

      13

      14.73

      12.78

      13.12

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

      2.20102

      0.3

      1.1

      2.61

      3.94

      2.82

      4.75

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      -0.72

      5.38

      10.07

      10.84

      9.94

      10.38

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

      2.84074

      -0.93

      -0.1

      1.75

      1.33

      1.84

      2.67

      (N). Manufacture of Basic Metals

      8.41133

      7.34

      8.57

      10.7

      13.16

      12.31

      12.56

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

      4.13294

      2.82

      3.42

      5.03

      6.33

      6.12

      7.24

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

      2.07628

      0.89

      -0.58

      -1.17

      -0.87

      -1.53

      -0.95

      (Q). Manufacture of Electrical Equipment

      2.64318

      7.62

      7.98

      9.21

      11.41

      11.03

      12.34

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

      3.46796

      1.26

      1.07

      1.84

      2.23

      2.13

      2.61

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

      5.43645

      1.82

      0.95

      0.85

      0.75

      1.71

      1.8

      (T). Manufacture of Other Transport Equipment

      1.39511

      1.74

      1.93

      3.21

      4.11

      4

      4.46

      (U). Manufacture of Furniture

      0.82618

      -0.1

      0.19

      3.83

      5.18

      5.03

      4.04

      (V). Other Manufacturing

      2.03798

      31.54

      32.89

      26.21

      21.41

      20.55

      22.46

      FOOD INDEX

      24.99851

      1.27

      1.92

      3.29

      4.58

      6.14

      6.65

       (P)-Provisional, (F)-Final

      Annexure-III

       Cumulative WPI for All Commodities, Major Groups, and Groups

      Groups/Major Groups

      Commodity Weight

      Apr-Jul

      FY 2023-24

      Apr-Jul

      FY 2024-25

      Apr-Jul

      FY 2025-26

      Apr-Jul FY 2026-27

      ALL COMMODITIES

      100.00000

      98.8

      100.5

      100.3

      109.8

      I. PRIMARY ARTICLES

      22.75730

      103.9

      111

      108.3

      115

      (A). Food Articles

      15.97835

      105.8

      115.2

      111.4

      116.2

      (B). Non-Food Articles

      5.52841

      99

      98

      98.5

      109.9

      (C). Minerals

      1.25054

      101.1

      114.2

      112.3

      122.6

      II. FUEL AND POWER

      14.11433

      91.6

      91.2

      87.6

      110.2

      (A). Coal and Lignite

      0.74136

      92.1

      89.5

      89

      87.7

      (B). Mineral Oils

      8.19208

      89.4

      89.9

      84.9

      120.9

      (C). Electricity

      4.46349

      95.3

      92.3

      92.3

      91.7

      (D). Crude Petroleum & Natural Gas

      0.71740

      94.2

      101.7

      88.3

      127.7

      III. MANUFACTURED PRODUCTS

      63.12837

      98.5

      98.8

      100.3

      107.8

      (A). Manufacture of Food Products

      9.02016

      98.3

      100.6

      105.8

      112.9

      (B). Manufacture of Beverages

      0.90483

      102.4

      103.8

      103.9

      105

      (C). Manufacture of Tobacco Products

      0.27645

      104.1

      106.8

      109.3

      123.6

      (D). Manufacture of Textiles

      4.08993

      93.1

      92.6

      92.2

      101.9

      (E). Manufacture of Wearing Apparel

      1.32948

      102.4

      104.4

      108.1

      111.5

      (F). Manufacture of Leather and Related Products

      0.54137

      101.5

      101.6

      104.2

      108.4

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

      1.07718

      102

      103.2

      107.4

      115.9

      (H). Manufacture of Paper and Paper Products

      1.15328

      91.5

      89.4

      91.3

      94

      (I). Printing and Reproduction of Recorded Media

      0.42618

      103.2

      104.3

      104.2

      107.7

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      93.4

      91.3

      90.7

      102.8

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

      2.20102

      101

      99.6

      99.3

      102.8

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      95.7

      95.9

      96.3

      106.2

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

      2.84074

      99.2

      96.1

      97.6

      99.4

      (N). Manufacture of Basic Metals

      8.41133

      95.6

      94.3

      92.2

      103.4

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

      4.13294

      100.3

      100.1

      99.5

      105.7

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

      2.07628

      98.6

      97

      104

      102.8

      (Q). Manufacture of Electrical Equipment

      2.64318

      100.9

      102

      103.2

      114.6

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

      3.46796

      102

      102.2

      103.2

      105.5

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

      5.43645

      103.4

      106.3

      105.7

      107.1

      (T). Manufacture of Other Transport Equipment

      1.39511

      101.2

      101.2

      102.6

      106.7

      (U). Manufacture of Furniture

      0.82618

      101.6

      101.6

      101.2

      105.8

      (V). Other Manufacturing

      2.03798

      104.5

      112.3

      128.2

      157.2

      FOOD INDEX

      24.99851

      103.1

      109.9

      109.4

      115

      Note: Cumulative Index has been calculated by taking Arithmetic Mean of 4 months indices

      Annexure-IV

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

      Groups/Major Groups

      Commodity Weight

      Apr-Jul

      FY 2024-25

      Apr-Jul

      FY 2025-26

      Apr-Jul FY 2026-27

      ALL COMMODITIES

      100.00000

      1.72

      -0.2

      9.47

      I. PRIMARY ARTICLES

      22.75730

      6.83

      -2.43

      6.19

      (A). Food Articles

      15.97835

      8.88

      -3.3

      4.31

      (B). Non-Food Articles

      5.52841

      -1.01

      0.51

      11.57

      (C). Minerals

      1.25054

      12.96

      -1.66

      9.17

      II. FUEL AND POWER

      14.11433

      -0.44

      -3.95

      25.8

      (A). Coal and Lignite

      0.74136

      -2.82

      -0.56

      -1.46

      (B). Mineral Oils

      8.19208

      0.56

      -5.56

      42.4

      (C). Electricity

      4.46349

      -3.15

      0

      -0.65

      (D). Crude Petroleum & Natural Gas

      0.71740

      7.96

      -13.18

      44.62

      III. MANUFACTURED PRODUCTS

      63.12837

      0.3

      1.52

      7.48

      (A). Manufacture of Food Products

      9.02016

      2.34

      5.17

      6.71

      (B). Manufacture of Beverages

      0.90483

      1.37

      0.1

      1.06

      (C). Manufacture of Tobacco Products

      0.27645

      2.59

      2.34

      13.08

      (D). Manufacture of Textiles

      4.08993

      -0.54

      -0.43

      10.52

      (E). Manufacture of Wearing Apparel

      1.32948

      1.95

      3.54

      3.15

      (F). Manufacture of Leather and Related Products

      0.54137

      0.1

      2.56

      4.03

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

      1.07718

      1.18

      4.07

      7.91

      (H). Manufacture of Paper and Paper Products

      1.15328

      -2.3

      2.13

      2.96

      (I). Printing and Reproduction of Recorded Media

      0.42618

      1.07

      -0.1

      3.36

      (J). Manufacture of Chemicals and Chemical Products

      6.12567

      -2.25

      -0.66

      13.34

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

      2.20102

      -1.39

      -0.3

      3.52

      (L). Manufacture of Rubber and Plastic Products

      2.71467

      0.21

      0.42

      10.28

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

      2.84074

      -3.13

      1.56

      1.84

      (N). Manufacture of Basic Metals

      8.41133

      -1.36

      -2.23

      12.15

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

      4.13294

      -0.2

      -0.6

      6.23

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

      2.07628

      -1.62

      7.22

      -1.15

      (Q). Manufacture of Electrical Equipment

      2.64318

      1.09

      1.18

      11.05

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

      3.46796

      0.2

      0.98

      2.23

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

      5.43645

      2.8

      -0.56

      1.32

      (T). Manufacture of Other Transport Equipment

      1.39511

      0

      1.38

      4

      (U). Manufacture of Furniture

      0.82618

      0

      -0.39

      4.55

      (V). Other Manufacturing

      2.03798

      7.46

      14.16

      22.62

      FOOD INDEX

      24.99851

      6.6

      -0.45

      5.12

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

      1. Key highlights of Output PPI (Base Year 2022-23) for July 2026
      1. All India Output PPI for All Commodities for July 2026 stands at 109.9, same as it was in June 2026.
      2. Output PPIs for Agriculture, Forestry and Fishing; Mining and Quarrying; Manufactured Products; and Electricity are 115.6, 119.4, 108.8, and 92.4, respectively, in July 2026, whereas those were 114.1, 121.5, 109.2, and 92.0, respectively, in June 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

      5

      Chart 6: Output PPI across Major Groups

      6

      1. The final index of Output PPI for the month of May 2026 has been revised from 109.6 (Provisional estimate) to 109.9.
      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 July 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 July 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

      Feb-26
      (F)

      Mar-26
      (F)

      Apr-26
      (F)

      May-26
      (F)

      Jun-26
      (P)

      Jul-26
      (P)

      ALL COMMODITIES

      100

      103.3

      104.9

      108.8

      109.9

      109.9

      109.9

      AGRICULTURE, FORESTRY AND FISHING

      22.15648

      110.8

      110.6

      111.4

      112.1

      114.1

      115.6

      Crop and Animal Production, Hunting and Related Service Activities 

      19.03219

      111.3

      111.0

      111.5

      111.9

      114.3

      116.1

      Forestry and Logging

      1.67481

      115.0

      115.4

      116.7

      118.8

      118.0

      119.9

      Fishing and Aquaculture

      1.44948

      99.3

      100.1

      103.2

      106.9

      106.6

      103.7

      MINING AND QUARRYING

      3.42065

      109.9

      117.0

      125.2

      124.6

      121.5

      119.4

      Mining of Metal Ores

      0.70792

      168.0

      171.5

      174.7

      180.1

      178.7

      177.7

      Mining of Coal and Lignite

      0.7398

      86.5

      87.8

      87.7

      86.6

      87.9

      88.4

      Other Mining and Quarrying

      1.23208

      103.2

      100.5

      109.9

      108.5

      113.1

      110.9

      Extraction of Crude Petroleum and Natural Gas

      0.74085

      88.9

      121.7

      141.0

      136.2

      114.2

      108.9

      MANUFACTURED PRODUCTS

      69.93568

      101.2

      103.4

      108.3

      109.7

      109.2

      108.8

      (A). Manufacture of Food Products

      8.47196

      108.3

      109.2

      111.0

      112.5

      113.2

      115.5

      (B). Manufacture of Beverages

      0.8417

      102.7

      102.8

      104.6

      105.0

      105.5

      105.2

      (C). Manufacture of Tobacco Products

      0.25705

      125.9

      125.9

      125.4

      125.6

      127.4

      128.2

      (D). Manufacture of Textiles

      4.38774

      95.0

      97.8

      100.9

      103.9

      104.3

      105.7

      (E). Manufacture of Wearing Apparel

      1.20494

      108.7

      108.7

      109.9

      110.8

      110.8

      110.9

      (F). Manufacture of Leather and Related Products

      0.49989

      103.6

      104.2

      105.9

      107.1

      107.3

      108.1

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

      1.08949

      108.3

      110.3

      113.3

      113.2

      114.8

      114.1

      (H). Manufacture of Paper and Paper Products

      1.03128

      90.7

      91.6

      93.9

      94.5

      94.1

      94.5

      (I). Printing and Reproduction of Recorded Media

      0.30931

      106.1

      107.1

      109.3

      109.5

      109.6

      110.1

      (J). Manufacture of Coke and Refined Petroleum Products

      7.14818

      85.7

      92.7

      121.1

      125.2

      122.3

      112.7

      (K). Manufacture of Chemicals and Chemical Products

      5.74793

      92.2

      97.3

      103.3

      104.1

      103.0

      102.9

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

      1.92807

      100.6

      101.8

      103.2

      103.6

      103.0

      104.5

      (M). Manufacture of Rubber and Plastic Products

      2.57252

      96.9

      102.5

      106.7

      107.0

      106.8

      107.0

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

      2.50437

      95.8

      96.4

      99.0

      99.1

      99.5

      99.9

      (O). Manufacture of Basic Metals

      7.465

      96.6

      99.0

      102.7

      104.3

      102.7

      102.1

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

      3.15198

      100.4

      101.1

      102.3

      103.3

      104.0

      104.0

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

      1.7748

      104.6

      104.6

      104.3

      104.9

      104.7

      105.3

      (R). Manufacture of Electrical Equipment

      3.81453

      104.0

      104.4

      105.7

      107.2

      107.9

      108.9

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

      2.46158

      104.7

      104.8

      105.7

      105.7

      105.6

      106.2

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

      4.39321

      106.9

      106.6

      107.4

      107.2

      107.6

      107.8

      (U). Manufacture of Other Transport Equipment

      1.34392

      106.1

      106.4

      107.2

      107.6

      107.6

      108.9

      (V). Manufacture of Furniture

      0.73566

      103.2

      103.7

      105.3

      104.9

      105.4

      104.7

      (W). Other Manufacturing

      6.80057

      118.3

      119.9

      120.9

      122.2

      121.0

      122.1

      ELECTRICITY

      4.48719

      94.5

      91.1

      90.8

      91.6

      92.0

      92.4

      Electricity

      4.48719

      94.5

      91.1

      90.8

      91.6

      92.0

      92.4

        (P)-Provisional, (F)-Final

      Annexure-VI

      Cumulative Output PPI for All Commodities, Major Groups and Groups

      Groups/Major Groups

      Weight

      Apr-Jul 2023

      Apr-Jul 2024

      Apr-Jul 2025

      Apr-Jul 2026

      ALL COMMODITIES

      100

      98.8

      100.3

      100.3

      109.6

      AGRICULTURE, FORESTRY AND FISHING

      22.15648

      103.9

      109.3

      107.2

      113.3

      Crop and Animal Production, Hunting and Related Service Activities 

      19.03219

      104

      109.6

      107.3

      113.5

      Forestry and Logging

      1.67481

      102.5

      113

      111.6

      118.4

      Fishing and Aquaculture

      1.44948

      104.9

      100.9

      101.3

      105.1

      MINING AND QUARRYING

      3.42065

      97.6

      106.1

      103.8

      122.7

      Mining of Metal Ores

      0.70792

      105.6

      126.1

      140.7

      177.8

      Mining of Coal and Lignite

      0.7398

      92.1

      89.5

      89

      87.7

      Other Mining and Quarrying

      1.23208

      100.9

      109.2

      103.9

      110.6

      Extraction of Crude Petroleum and Natural Gas

      0.74085

      90.1

      98.4

      83.4

      125.1

      MANUFACTURED PRODUCTS

      69.93568

      97.4

      97.6

      98.5

      109

      (A). Manufacture of Food Products

      8.47196

      97.2

      99.8

      105.7

      113.1

      (B). Manufacture of Beverages

      0.8417

      102.5

      104

      104.1

      105.1

      (C). Manufacture of Tobacco Products

      0.25705

      104

      106.8

      109.5

      126.7

      (D). Manufacture of Textiles

      4.38774

      93.2

      93

      92.4

      103.7

      (E). Manufacture of Wearing Apparel

      1.20494

      102

      103.5

      107.3

      110.6

      (F). Manufacture of Leather and Related Products

      0.49989

      101.1

      100.6

      102.7

      107.1

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

      1.08949

      101.9

      102.8

      106.4

      113.9

      (H). Manufacture of Paper and Paper Products

      1.03128

      91.5

      89.5

      91.5

      94.3

      (I). Printing and Reproduction of Recorded Media

      0.30931

      103.9

      104.8

      105.4

      109.6

      (J). Manufacture of Coke and Refined Petroleum Products

      7.14818

      89.4

      89.8

      84.9

      120.3

      (K). Manufacture of Chemicals and Chemical Products

      5.74793

      93.5

      91.5

      91.1

      103.3

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

      1.92807

      101.8

      99.3

      99.6

      103.6

      (M). Manufacture of Rubber and Plastic Products

      2.57252

      95.8

      96

      96.4

      106.9

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

      2.50437

      99

      95.8

      97

      99.4

      (O). Manufacture of Basic Metals

      7.465

      95.5

      94.2

      91.6

      103

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

      3.15198

      99.2

      99.5

      98.4

      103.4

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

      1.7748

      98.5

      96.3

      107.7

      104.8

      (R). Manufacture of Electrical Equipment

      3.81453

      99.8

      99.5

      100.7

      107.4

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

      2.46158

      102

      102.7

      103.3

      105.8

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

      4.39321

      103.7

      106.5

      106

      107.5

      (U). Manufacture of Other Transport Equipment

      1.34392

      101.5

      101.6

      103.6

      107.8

      (V). Manufacture of Furniture

      0.73566

      101.6

      101.4

      101.6

      105.1

      (W). Other Manufacturing

      6.80057

      101.6

      103

      108

      121.6

      ELECTRICITY

      4.48719

      95.3

      92.3

      92.3

      91.7

      Electricity

      4.48719

      95.3

      92.3

      92.3

      91.7

      Note: Cumulative Index has been calculated by taking Arithmetic Mean of 4 months indices

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

      1. All India trial Input PPI[1] for Manufacturing Sector for July 2026 stands at 105.9 (Provisional estimate).
      2. Trial Input PPI for Manufacturing Sector for the month of May 2026 has been revised from 104.9 (provisional estimate) to 106.5 (final index).
      3. Trial Input PPI for all Manufacturing Industries at NIC-2-digit, from March to July 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
      (F)

      Jun-26
      (P)

      Jul-26 (P)

      Manufacturing Sector

      100.000000

      100.9

      104.2

      106.5

      107.1

      105.9

      (A). Manufacture of Food Products

      14.84638

      107.1

      108.3

      110.5

      112.2

      113.8

      (B). Manufacture of Beverages

      1.03035

      106

      104.5

      105.4

      105.5

      107.4

      (C). Manufacture of Tobacco Products

      0.26443

      128

      124.7

      122.5

      123.4

      130.8

      (D). Manufacture of Textiles

      5.88918

      95.5

      100.8

      103.4

      107.8

      103.9

      (E). Manufacture of Wearing Apparel

      1.57012

      105.6

      106.6

      107.4

      109.6

      108.1

      (F). Manufacture of Leather and Related Products

      0.77634

      96.3

      96

      97.9

      96

      98.5

      (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

      113.4

      112.3

      112

      (H). Manufacture of Paper and Paper Products

      0.87494

      95.1

      96.8

      97.2

      97

      98

      (I). Printing and Reproduction of Recorded Media

      0.46606

      96.4

      98.3

      98.9

      98.5

      98.4

      (J). Manufacture of Coke and Refined Petroleum Products

      12.3291

      98.2

      105.2

      111.8

      113.5

      99.9

      (K). Manufacture of Chemicals and Chemical Products

      7.98919

      100.9

      107.9

      110.5

      112.5

      109.4

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

      2.40463

      98.2

      103.5

      105.3

      105.6

      104.3

      (M). Manufacture of Rubber and Plastic Products

      3.40235

      105.9

      109.8

      111.1

      112.1

      111.6

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

      3.28306

      92.3

      96.4

      98.4

      92.6

      93.3

      (O). Manufacture of Basic Metals

      11.25229

      98.3

      100.6

      102.2

      99.2

      101.5

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

      5.59239

      99.7

      102.2

      104.7

      105.4

      105.8

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

      2.22964

      108

      108.2

      107

      111.5

      108.5

      (R). Manufacture of Electrical Equipment

      3.64437

      111.5

      113.4

      116.2

      117.7

      117.2

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

      5.07784

      102.2

      105

      105.4

      105.3

      106.4

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

      10.49446

      101.5

      102.8

      103.7

      104.9

      105.1

      (U). Manufacture of Furniture

      0.98353

      97.6

      101.1

      100.7

      98.6

      101.5

      (V). Other Manufacturing

      3.77741

      88.9

      88.4

      89.5

      88

      99.3

       (P)-Provisional, (F)-Final

       

      Topics

      ActsIncome Tax