India’s wholesale inflation falls to -0.58% in July, the second straight month in negative territory due to falling food and fuel prices.

admin — Thu, 14 Aug 2025 07:19:00 +0000

A vendor arranging the pulses at a market, as the WPI stayed in negative territory for the second consecutive month at (-) 0.58% in July.
| Photo Credit: Sushil Kumar Verma

Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58% in July, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday (August 14, 2025).

WPI-based inflation was (-) 0.13% in June. It was 2.10% in July last year.

“Negative rate of inflation in July, 2025 is primarily due to decrease in prices of food articles, mineral oils, crude petroleum & natural gas, manufacture of basic metals etc,” the Industry Ministry said in a statement.

As per WPI data, food articles saw a deflation of 6.29% in July, as against a deflation of 3.75% in June, with vegetables witnessing a sharp drop.

Deflation in vegetables was 28.96% in July, compared to 22.65% in June.

In the case of manufactured products, inflation was higher at 2.05% in July, as against 1.97% in the month before.

Fuel and power saw a negative inflation or deflation of 2.43% in July, as against 2.65% in June.

The Reserve Bank of India (RBI), which takes into account retail inflation, had kept benchmark policy rates unchanged at 5.5% earlier this month. The retail inflation in July dropped to an 8-year low of 1.55%.

Published – August 14, 2025 12:49 pm IST

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India’s Wholesale price inflation drops to 2.04% in July

admin — Wed, 14 Aug 2024 06:46:40 +0000

India’s wholesale prices dropped to 2.04% in July.
| Photo Credit: SUSHIL KUMAR VERMA

Inflation in India’s wholesale prices dropped from a 16-month high of 3.4% in June, to 2.04% in July, with the rise in food prices cooling to 3.55% from 8.7% a month earlier. However, month-on-month gains in food prices accelerated to 2.7% from 2.1% in June, the highest pace in at least six months.

Overall prices rose 0.84% in July compared to June levels, marking the sharpest sequential uptick since April, and primary articles prices rose 3.13% from June, which is again the sharpest pace in at least half a year, according to data released on Wednesday (August 14, 2024).

Also Read : Wholesale price inflation rises to 3.36% in June, highest in 16 months

In July 2023, wholesale prices had clocked a deflation of -1.23%. The decline in price rise in the food index in July was driven by vegetables whose prices fell 8.9% year-on-year, but that is relative to a 67.6% rise in prices recorded last July.

Eggs, meat and fish prices also fell 1.6% from last July, but there was no let up in most other food items’ price rise pace. Onion and potato prices rose a whopping 88.8% and 76.2%, respectively, while pulses were 20.3% pricier on top of a 9.6% rise reported last July.

Fruits were 15.6% costlier compared with a 10% decline last July. Cereals, paddy and wheat prices were up 9%, 11% and 7%, respectively, on top of similar price gains in the same month last year.

On a year-on-year basis, inflation in fuel and power accelerated to 1.7% in July from about 1% in the previous two months, while manufactured products also reported a higher uptick of 1.6%.

The Commerce and Industry Ministry attributed the positive rate of inflation in July, “primarily to increase in prices of food articles, manufacture of food products, mineral oils, crude petroleum & natural gas, other manufacturing etc.”

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Wholesale price inflation july – Artifex.News

India’s wholesale inflation falls to -0.58% in July, the second straight month in negative territory due to falling food and fuel prices.

India’s Wholesale price inflation drops to 2.04% in July