Ministry of Commerce & Industry
azadi ka amrit mahotsav

Index Numbers of Wholesale Price in India for the Month of January, 2025 (Base Year: 2011-12)

Posted On: 14 FEB 2025 12:00PM by PIB Delhi

The annual rate of inflation based on all India Wholesale Price Index (WPI) number is 2.31% (provisional) for the month of January, 2025 (over January, 2024). Positive rate of inflation in January, 2025 is primarily due to increase in prices of manufacture of food products, food articles, other manufacturing, non-food articles and manufacture of textiles etc. The index numbers and inflation rate for the last three months of all commodities and WPI components are given below:

Index Numbers and Annual Rate of Inflation (Y-o-Y in %)*

All Commodities/Major Groups

Weight (%)

November-24 (F)

December-24 (P)

January-25 (P)

Index

Inflation

Index

Inflation

Index

Inflation

All Commodities

100.00

156.4

2.16

155.4

2.37

154.7

2.31

I. Primary Articles

22.62

197.9

5.49

193.8

6.02

189.9

4.69

II. Fuel & Power

13.15

149.9

-4.03

149.9

-3.79

150.6

-2.78

III. Manufactured Products

64.23

143.1

2.07

143.0

2.14

143.2

2.51

Food Index

24.38

200.2

8.86

195.9

8.89

191.4

7.47

Note: F: Final, P: Provisional, *Annual rate of WPI inflation calculated over the corresponding month of previous year

 

2. The month over month change in WPI for the month of January, 2025 stood at (-) 0.45% as compared to December, 2024. The monthly change in WPI for last six-month is summarized below:

 

Month Over Month (M-o-M in %) change in WPI Index#

All Commodities/Major Groups

Weight

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24 (P)

Jan-25 (P)

All Commodities

100.00

-0.58

0.19

1.29

-0.19

-0.64

-0.45

I. Primary Articles

22.62

-1.37

0.21

2.61

-1.35

-2.07

-2.01

II. Fuel & Power

13.15

0.07

-0.74

1.09

0.74

0.00

0.47

III. Manufactured Products

64.23

-0.28

0.42

0.70

0.14

-0.07

0.14

Food Index

24.38

-1.23

1.45

3.22

-0.99

-2.15

-2.30

Note: P: Provisional, #Monthly rate of change, based on month over month (M-o-M) WPI calculated over the preceding month

 

3. Month-over-Month Change in Major Groups of WPI:

  1. Primary Articles (Weight 22.62%): - The index for this major group decreased by 2.01% to 189.9 (provisional) in January, 2025 from 193.8 (provisional) for the month of December, 2024. Price of food articles (-3.62%) decreased in January, 2025 as compared to December, 2024. The Price of crude petroleum & natural gas (6.34%), non-food articles (0.66%) and minerals (0.22%) increased in January, 2025 as compared to December, 2024.
  2. Fuel & Power (Weight 13.15%): - The index for this major group increased by 0.47% to 150.6 (provisional) in January, 2025 from 149.9 (provisional) for the month of December, 2024. Price of mineral oils (0.71%) and electricity (0.20%) increased in January, 2025 as compared to December, 2024. The price of coal has remained same as in the previous month.
  3. Manufactured Products (Weight 64.23%): - The index for this major group increased by 0.14% to 143.2 (Provisional) in January, 2025 from 143.0 (Provisional) for the month of December, 2024. Out of the 22 NIC two-digit groups for manufactured products, 15 groups witnessed an increase in prices, 5 groups witnessed a decrease in prices and 2 groups witnessed no change in prices. Some of the important groups that showed month-over-month increase in prices were other manufacturing; manufacture of food products; machinery & equipment; chemicals & chemical products; pharmaceuticals, medicinal chemical & botanical products etc. Some of the groups that witnessed a decrease in prices were manufacture of basic metals; fabricated metal products, except machinery & equipment; wearing apparel; beverages; and other transport equipment in January, 2025 as compared to December, 2024.

4. WPI Food Index (Weight 24.38%): The Food Index consisting of 'food articles' from primary articles group and 'food product' from manufactured products group decreased from 195.9 in December, 2024 to 191.4 in January, 2025. The annual rate of inflation based on WPI Food Index decreased from 8.89% in December, 2024 to 7.47% in January, 2025.

5. Final Index for the month of November, 2024 (Base Year: 2011-12=100): For the month of November, 2024, the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 156.4 and 2.16% respectively. The details of all India Wholesale Price Indices and Rates of Inflation for different commodity groups based on updated figures are at Annex I. The Annual rate of Inflation (Y-o-Y) based on WPI for different commodity groups in the last six months are at Annex II. WPI for different commodity groups in the last six months are at Annex III.

 

  1. Response Rate: The WPI for January, 2025 has been compiled at a weighted response rate of 90.4 per cent, while the final figure for November, 2024 is based on the weighted response rate of 95.5 per cent. The provisional figures of WPI will undergo revision as per the revision policy of WPI. This press release, item indices, and inflation numbers are available at our home page http://eaindustry.nic.in.
  2. Next date of Press Release: WPI for the month of February, 2025 would be released on 17/03/2025.

Note: DPIIT releases index number of wholesale price in India on monthly basis on 14th of every month (or next working day, if 14th falls on holiday) with a time lag of two weeks of the reference month, and the index number is compiled with data received from institutional sources and selected manufacturing units across the country. This press release contains WPI (Base Year 2011-12=100) for the month of January, 2025 (Provisional), November, 2024 (Final) and other months/years. Provisional figures of WPI are finalised after 10 weeks (from the month of reference), and frozen thereafter.

Annex-I

All India Wholesale Price Indices and Rates of Inflation (Base Year: 2011-12=100) for January, 2025

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

Index

January-25*

Month over Month (MoM)

Cumulative Inflation (YoY)

Rate of Inflation (YoY)

Jan-24

Jan-25*

Apr-Jan 2023-24

Apr-Jan 2024-25*

Jan-24

Jan-25*

ALL COMMODITIES

100.00

154.7

-0.40

-0.45

-0.92

2.22

0.33

2.31

I. PRIMARY ARTICLES

22.62

189.9

-0.77

-2.01

3.33

5.81

4.07

4.69

A. Food Articles

15.26

199.9

-1.26

-3.62

6.52

8.27

6.91

5.88

Cereals

2.82

212.3

-0.10

0.38

7.03

8.25

4.60

7.33

Paddy

1.43

203.1

-0.42

-1.07

8.96

9.24

9.51

6.22

Wheat

1.03

219.6

-0.20

1.76

4.46

7.42

-1.86

9.75

Pulses

0.64

217.0

-3.19

-3.13

13.69

13.36

15.95

5.08

Vegetables

1.87

223.1

-8.24

-22.72

7.32

21.40

19.02

8.35

Potato

0.28

295.4

-10.70

-19.44

-22.91

77.02

-8.18

74.28

Onion

0.16

316.6

-30.41

-23.55

40.16

43.48

23.04

28.33

Fruits

1.60

196.4

-1.90

1.60

-0.60

10.30

0.89

15.12

Milk

4.44

187.2

0.33

0.75

7.93

3.36

5.44

2.69

Eggs, Meat & Fish

2.40

174.7

1.81

0.00

1.28

0.63

-0.76

3.56

B. Non-Food Articles

4.12

167.4

0.18

0.66

-5.69

-1.14

-6.39

2.95

Oil Seeds

1.12

183.0

-1.19

0.11

-9.99

-2.37

-9.18

-0.05

C. Minerals

0.83

230.1

2.76

0.22

8.14

5.14

10.58

2.86

D. Crude Petroleum & Natural gas

2.41

150.9

-0.33

6.34

-4.78

-0.65

0.20

-0.53

Crude Petroleum

1.95

130.0

2.10

8.79

-11.22

-1.06

4.13

-0.76

II. FUEL & POWER

13.15

150.6

-0.58

0.47

-5.19

-1.73

-0.45

-2.78

LPG

0.64

123.7

-0.49

-0.72

-12.16

3.23

0.41

2.23

Petrol

1.60

150.8

-0.45

1.07

-3.74

-3.67

0.26

-3.64

HSD

3.10

165.6

-0.12

0.61

-11.19

-3.47

-5.29

-3.61

III. MANUFACTURED PRODUCTS

64.23

143.2

-0.21

0.14

-1.81

1.45

-1.20

2.51

Mf/o Food Products

9.12

177.0

-0.50

0.17

-3.46

6.34

-1.72

10.42

Vegetable & Animal Oils and Fats

2.64

186.6

-0.43

1.58

-21.97

12.77

-15.59

33.10

Mf/o Beverages

0.91

134.4

0.30

-0.15

2.11

1.98

2.00

1.51

Mf/o Tobacco Products

0.51

177.4

0.87

0.23

5.04

1.96

5.00

1.84

Mf/o Textiles

4.88

136.9

0.22

0.00

-6.36

1.14

-2.26

2.16

Mf/o Wearing Apparel

0.81

154.1

-0.66

-0.19

1.51

1.69

1.21

2.12

Mf/o Leather and Related Products

0.54

126.3

-0.48

0.56

1.65

0.61

1.90

2.27

Mf/o Wood and of Products of Wood and Cork

0.77

149.3

0.34

0.20

1.95

2.12

3.49

0.81

Mf/o Paper and Paper Products

1.11

139.4

0.22

0.36

-7.95

-1.32

-6.47

0.50

Mf/o Chemicals and Chemical Products

6.47

136.7

-0.22

0.22

-6.07

-0.58

-5.51

0.96

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

145.0

-0.21

0.62

1.49

1.04

0.56

1.40

Mf/o Rubber and Plastics Products

2.30

129.3

-0.24

0.15

-1.93

1.16

-1.09

1.65

Mf/o other Non-Metallic Mineral Products

3.20

131.8

-0.74

0.38

1.08

-2.84

-0.67

-1.93

Cement, Lime and Plaster

1.64

130.0

-1.22

0.39

0.55

-5.60

-1.22

-5.25

Mf/o Basic Metals

9.65

137.1

-0.57

-0.36

-5.16

-1.13

-4.60

-1.22

Mild Steel - Semi Finished Steel

1.27

116.7

-0.51

-0.17

-5.35

-2.20

-6.16

-0.43

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

135.4

-0.07

-0.51

-0.02

-2.12

-0.07

-1.74

Note: * = Provisional. Mf/o = Manufacture of

 

Annex-II

WPI Inflation (Base Year: 2011-12=100) for last 6 months

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

WPI based inflation (YoY) figures for last 6 months

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24*

Jan-25*

ALL COMMODITIES

100.00

1.25

1.91

2.75

2.16

2.37

2.31

I. PRIMARY ARTICLES

22.62

2.52

6.48

8.26

5.49

6.02

4.69

A. Food Articles

15.26

3.06

11.48

13.49

8.48

8.47

5.88

Cereals

2.82

8.66

8.50

7.80

7.71

6.82

7.33

Paddy

1.43

9.60

8.77

7.47

7.58

6.93

6.22

Wheat

1.03

7.38

7.71

8.04

8.20

7.63

9.75

Pulses

0.64

18.27

12.94

9.27

5.97

5.02

5.08

Vegetables

1.87

-9.95

48.97

62.86

29.34

28.65

8.35

Potato

0.28

77.78

77.29

79.11

82.64

93.20

74.28

Onion

0.16

67.25

81.43

39.25

1.08

16.81

28.33

Fruits

1.60

16.75

12.17

13.60

5.59

11.16

15.12

Milk

4.44

3.51

2.94

3.00

2.04

2.26

2.69

Eggs, Meat & Fish

2.40

-0.75

-0.92

-0.52

3.16

5.43

3.56

B. Non-Food Articles

4.12

-1.84

-1.46

-1.34

-0.61

2.46

2.95

Oil Seeds

1.12

-4.90

-0.49

1.98

0.32

-1.35

-0.05

C. Minerals

0.83

10.75

1.04

4.51

6.30

5.47

2.86

D. Crude Petroleum & Natural gas

2.41

1.77

-13.04

-11.80

-7.74

-6.77

-0.53

Crude Petroleum

1.95

-0.98

-16.78

-12.49

-7.20

-6.86

-0.76

II. FUEL & POWER

13.15

-0.54

-3.85

-4.31

-4.03

-3.79

-2.78

LPG

0.64

14.40

13.18

2.57

1.81

2.47

2.23

Petrol

1.60

-4.23

-7.10

-7.35

-6.83

-5.09

-3.64

HSD

3.10

-3.03

-5.33

-6.23

-5.68

-4.30

-3.61

III. MANUFACTURED PRODUCTS

64.23

1.00

1.07

1.78

2.07

2.14

2.51

Mf/o Food Products

9.12

3.54

6.61

9.39

9.57

9.68

10.42

Vegetable & Animal Oils and Fats

2.64

2.03

14.09

26.03

28.83

30.47

33.10

Mf/o Beverages

0.91

1.98

2.28

2.13

2.28

1.97

1.51

Mf/o Tobacco Products

0.51

1.97

2.13

1.09

1.14

2.49

1.84

Mf/o Textiles

4.88

1.34

1.12

0.89

1.42

2.39

2.16

Mf/o Wearing Apparel

0.81

1.53

1.99

1.25

1.52

1.65

2.12

Mf/o Leather and Related Products

0.54

-0.48

0.89

1.37

1.45

1.21

2.27

Mf/o Wood and of Products of Wood and Cork

0.77

3.17

1.43

1.09

0.54

0.95

0.81

Mf/o Paper and Paper Products

1.11

0.58

1.01

0.94

0.07

0.36

0.50

Mf/o Chemicals and Chemical Products

6.47

0.29

0.15

-0.22

0.29

0.52

0.96

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

2.12

0.98

0.42

1.19

0.56

1.40

Mf/o Rubber and Plastics Products

2.30

1.57

0.55

1.89

1.42

1.25

1.65

Mf/o other Non-Metallic Mineral Products

3.20

-3.85

-3.26

-3.83

-2.38

-3.03

-1.93

Cement, Lime and Plaster

1.64

-7.13

-6.19

-7.20

-5.38

-6.77

-5.25

Mf/o Basic Metals

9.65

-1.64

-3.71

-2.04

-1.14

-1.43

-1.22

Mild Steel - Semi Finished Steel

1.27

-5.22

-6.24

-1.67

-0.68

-0.76

-0.43

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

-1.66

-2.22

-2.81

-2.87

-1.31

-1.74

Note: * = Provisional. Mf/o = Manufacture of

 

 

Annex-III

Wholesale Price Indices (Base Year: 2011-12=100) for last 6 months

Commodities/Major Groups/Groups/Sub-Groups/Items

Weight

WPI Numbers for last 6 months

Aug-24

Sep-24

Oct-24

Nov-24

Dec-24*

Jan-25*

ALL COMMODITIES

100.00

154.4

154.7

156.7

156.4

155.4

154.7

I. PRIMARY ARTICLES

22.62

195.1

195.5

200.6

197.9

193.8

189.9

A. Food Articles

15.26

209.0

210.8

217.9

213.7

207.4

199.9

Cereals

2.82

204.6

206.8

208.6

211.0

211.5

212.3

Paddy

1.43

202.0

203.4

204.4

205.9

205.3

203.1

Wheat

1.03

202.2

205.4

209.6

213.8

215.8

219.6

Pulses

0.64

233.7

237.4

234.5

230.8

224.0

217.0

Vegetables

1.87

303.3

310.9

360.9

334.6

288.7

223.1

Potato

0.28

393.6

376.2

375.6

384.1

366.7

295.4

Onion

0.16

391.2

493.3

478.2

495.8

414.1

316.6

Fruits

1.60

207.7

209.3

210.5

198.4

193.3

196.4

Milk

4.44

185.9

185.3

185.6

185.2

185.8

187.2

Eggs, Meat & Fish

2.40

173.1

172.6

171.0

173.1

174.7

174.7

B. Non-Food Articles

4.12

160.2

162.2

161.9

162.8

166.3

167.4

Oil Seeds

1.12

178.6

184.6

185.4

185.6

182.8

183.0

C. Minerals

0.83

227.6

223.2

229.6

229.4

229.6

230.1

D. Crude Petroleum & Natural gas

2.41

155.0

146.1

147.3

146.7

141.9

150.9

Crude Petroleum

1.95

131.6

123.5

126.1

125.0

119.5

130.0

II. FUEL & POWER

13.15

148.3

147.2

148.8

149.9

149.9

150.6

LPG

0.64

114.4

116.8

119.8

123.6

124.6

123.7

Petrol

1.60

153.9

151.7

149.9

148.7

149.2

150.8

HSD

3.10

166.7

165.1

164.2

164.4

164.6

165.6

III. MANUFACTURED PRODUCTS

64.23

141.3

141.9

142.9

143.1

143.0

143.2

Mf/o Food Products

9.12

166.5

171.0

175.9

177.5

176.7

177.0

Vegetable & Animal Oils and Fats

2.64

150.5

162.8

178.2

183.2

183.7

186.6

Mf/o Beverages

0.91

134.0

134.3

134.5

134.7

134.6

134.4

Mf/o Tobacco Products

0.51

176.0

177.5

176.0

177.0

177.0

177.4

Mf/o Textiles

4.88

135.9

135.8

135.9

136.1

136.9

136.9

Mf/o Wearing Apparel

0.81

152.9

153.6

153.9

153.7

154.4

154.1

Mf/o Leather and Related Products

0.54

124.9

125.0

125.7

125.8

125.6

126.3

Mf/o Wood and of Products of Wood and Cork

0.77

149.5

148.6

148.7

148.5

149.0

149.3

Mf/o Paper and Paper Products

1.11

139.8

139.8

139.8

138.5

138.9

139.4

Mf/o Chemicals and Chemical Products

6.47

136.7

136.5

136.3

136.4

136.4

136.7

Mf/o Pharmaceuticals, Medicinal Chemical and Botanical Products

1.99

144.8

144.1

143.5

144.1

144.1

145.0

Mf/o Rubber and Plastics Products

2.30

129.1

128.7

129.6

128.6

129.1

129.3

Mf/o other Non-Metallic Mineral Products

3.20

129.8

130.6

130.4

131.4

131.3

131.8

Cement, Lime and Plaster

1.64

127.7

128.9

128.8

130.1

129.5

130.0

Mf/o Basic Metals

9.65

138.3

137.7

139.3

138.6

137.6

137.1

Mild Steel - Semi Finished Steel

1.27

114.4

114.1

118.0

117.5

116.9

116.7

Mf/o Fabricated Metal Products, Except Machinery and Equipment

3.15

136.6

136.3

135.0

135.3

136.1

135.4

Note: * = Provisional. Mf/o = Manufacture of

***

Abhishek Dayal/ Abhijith Narayanan


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