Economists Predict Flat WPI Inflation for FY26

• Economists predict WPI inflation to remain largely flat over FY26.
• WPI inflation rose to -0.32% in November from -1.21% in October, driven by lower prices in food, mineral oils, and basic metals.
• ICRA expects WPI to average around 0.4% in FY2026, with YoY inflation reaching 0.5% by December 2025.
• Global commodity prices are broadly benign, but base metals and precious metals have seen sharp price increases due to industrial demand.
• India's retail inflation (CPI) spiked to 0.71% in November 2025, primarily due to higher prices of vegetables, eggs, meat, and fuel.

Why It Matters: WPI inflation predictions signal future economic stability and business cost trends.