Page 22 - FIPI - Policy & Economic Report May 2026

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

Housing Inflation

? Year-on-year Housing inflation rate for the month of April, 2026 is 2.15% (Provisional) and the
corresponding inflation rates for rural and urban are 2.65% and 1.96%, respectively.

National level Division wise Inflation rate

? At National level, division wise inflation for the month of April, 2026 in the Combined sector may
be seen from the graph below-

Figure 11: National Level Division wise Inflation Rate (%)

Source: PIB

Index Numbers of Wholesale Price in India for the Month of April, 2026 (Base Year: 2011-12)

The annual rate of inflation based on All India Wholesale Price Index (WPI) stood at 8.3% (provisional) in
April 2026 (over April 2025). Positive rate of inflation in April, 2026 is primarily due to increase in prices
of mineral oils, crude petroleum & natural gas, basic metals, other manufacturing and non-food articles
etc. The index numbers and inflation rate for the last three months of all commodities and WPI
components are given below: -

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