New Delhi, May 15 -- Metal prices are likely to keep pushing up the Wholesale Price Index (WPI) in the coming months, according to a report by Union Bank of India.

Despite a drop in WPI in April 2025, metals have shown a sequential pickup, indicating they may continue to influence the inflation trend.

The report said "While food prices are expected on firm up in the next couple of months, metal prices may keep an upward pressure on WPI".

Core WPI, which excludes food and fuel, moderated to 1.40 per cent in April from 1.59 per cent in March. The rise in metal prices, especially in segments like iron and steel, played a key role in this trend.

The report stated that this happened even though global metal indices showed a different movem...