New Delhi. A little relief news has emerged for the general public and policy makers on the wholesale inflation front which has reached a record level in the country today i.e. on Friday. According to the latest data released by the Ministry of Commerce and Industry, India's Wholesale Price Index based inflation rate has declined marginally to 9.78 percent in July 2026. However, in the previous month i.e. June, this figure was recorded at the highest level of 44 months at 9.87 percent. However, despite the decline in the overall rate, the skyrocketing prices of food items and manufactured products have strained the kitchen budget of the common man.
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According to the latest economic data for July 2026, the country's overall wholesale inflation has come down marginally to 9.78 per cent from 9.87 per cent in June, with the biggest relief coming in the fuel and power sector, whose rate dropped sharply to 20.05 per cent from 27.41 per cent in June. However, on the contrary, a sharp jump was seen in primary articles and it increased from 7.00 percent in June to 8.52 percent, while the inflation rate of manufacturing products also increased to 8.29 percent from 7.48 percent in June. Amidst this mixed trend of the wholesale market, the country's retail inflation rate has also increased from 4.38 percent in June to 4.45 percent in the month of July, increasing the burden on the general public.
Fuel and energy gave big relief, reduction in transportation cost
The most positive changes in the data for the month of July were seen on the energy and fuel front. Due to fluctuations in the global market and adjustments at the domestic level, the inflation rate in the fuel and power segment has fallen sharply to 20.05 percent from 27.41 percent in June. This softening of wholesale prices of mineral oils and petroleum products is expected to reduce the pressure of freight and transportation costs to some extent.
Why did the food plate become expensive?
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Even though there has been a slight decline in the main index, it has not brought much relief to the common consumers as the prices of food items have continued to rise. The supply of vegetables and other perishable goods has been affected due to uneven south-west monsoon and inclement weather in some major producing states. The wholesale food index has increased from 6.14 percent in June to 6.65 percent. Due to which the prices are continuously strengthening in the retail markets also. Apart from this, inflation of manufactured food products prepared in factories has also increased to 8.89 percent from 7.2 percent in June.