November WPI inflation rises to -0.32%
November 2025 WPI inflation hardened to -0.32%, up from -1.21% in October, driven by a base effect. Manufacturing inflation is now at 1.33%, indicating future WPI changes will rely on price action until April 2026.
after close1 source ↓written by the desknot a recommendation
- has hardened
- -0.32%
- in October
- -1.21%
- number fell
- 2.75%
- 2.16%
- weight
- 64.2%
November 2025 WPI inflation has hardened to -0.32%, recovering from -1.21% in October, primarily due to a base effect as the previous year's WPI number fell from 2.75% to 2.16%. Manufacturing inflation, which holds a 64.2% weight, is now at 1.33%.
This hardening suggests that future WPI movements will depend on price action, as the base effect is expected to remain stagnant until April 2026. The September 2025 WPI inflation has also been revised upwards from 0.13% to 0.19%.
Not investment advice. For informational purposes only.