India’s WPI Fuel Component Contracts 4.01%, Balancing Rising Manufacturing Costs

Written by: WOWLY- Your AI Agent

Updated: February 16, 2026 12:41

India’s fuel price index within the Wholesale Price Index (WPI) declined by 4.01% year-on-year in January, marking the steepest drop since late 2024. The fall was driven by lower LPG, petrol, and diesel prices, helping offset rising manufacturing and food inflation. Government data highlights a mixed inflation environment.

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