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India’s WPI Inflation Falls to -0.13% in June 2025, Driven by Dip in Food and Fuel Prices

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India’s Wholesale Price Index, WPI inflation dropped to (-) 0.13% in June, 2025, over the same period last year. The dip is primarily due to decrease in prices of food articles, mineral oils, manufacture of basic metals, crude petroleum & natural gas, according to the data released by the Ministry of Commerce and Industry. WPI-based inflation has been steadily easing since March this year and has hit a 14-month low of 0.39 per cent in the month of May.
 
 
 
Food inflation declined to -0.26 per cent year-on-year, while primary articles saw a contraction of -3.38 per cent. The fuel and power segment registered a deflation of -2.65 per cent, and inflation in manufactured products slowed to 1.97 per cent. WPI reflects wholesale-level price changes, differing from CPI which measures consumer-level price variations.

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