New Delhi, Sept. 16 -- Wholesale Price Index (WPI) inflation in India is expected to remain subdued at 0.5 per cent for the rest of the current financial year, according to a report released by Union Bank of India.

The report highlighted that the WPI is likely to stay in the positive zone for the remainder of FY26, supported by base effects in the core index.

It projected that the base effect would continue to play a crucial role, given that core WPI stood at -0.08 per cent in September 2024.

"We estimate that the WPI is likely to remain in positive zone for the rest of the FY with our projection for FY26 WPI at 0.5 per cent as base effects in core will continue to play a crucial role," the report noted.

Despite the switch from negati...