India's Wholesale Price Inflation Turns Positive in December, Driven by Manufactured Goods

India's wholesale price inflation (WPI) returned to positive territory in December 2025, rising to 0.83% from a deflationary -0.32% in November. This uptick, driven by increased prices in manufactured goods, minerals, and food products, marks an eight-month high. While food articles saw deflation ease, fuel and power prices remained negative. Retail inflation also rose to 1.33% in December, though it remains below the RBI's target band. Economists note this signals improving producer pricing power.