India's September WPI Inflation Rises to 11.39 Percent

India's wholesale price-based inflation rose to 11.39% in September from 9.92% in August due to surging food, fuel, and manufactured goods prices.

Inflation in manufactured items hit a series high of 9.76%, while fuel and power inflation reached 25.85% during the month.

The upward trajectory follows global crude and fertilizer cost hikes driven by the West Asia war and the resulting Strait of Hormuz blockade.