India's Wholesale Price Inflation Rises to 0.83% in December 2025 After Two Months of Deflation

India's wholesale price inflation (WPI) rose to 0.83% year-on-year in December 2025, reversing two months of deflation and marking the highest level since April. The increase was driven mainly by higher prices in manufactured goods, minerals, machinery, food products, and textiles. Food inflation stabilized after previous declines, while fuel and power prices remained in deflation. The month-on-month WPI rose 0.71%. Retail inflation also edged up to 1.33% in December, remaining below the Reserve Bank of India's target range, which has led to recent policy rate cuts.