Wholesale inflation falls to 14-month low in May –

India’s wholesale price index (WPI)-based inflation eased to a 14-month low of 0.39 percent in May, down from 0.85 percent in April, according to the Ministry of Commerce and Industry. Food inflation dropped to 1.72 percent from 2.55 percent, while primary articles saw a contraction of 2.02 percent. The fuel and power segment registered deflation at 2.27 percent, and inflation in manufactured products slowed to 2.04 percent. The ministry attributed the positive inflation rate to rising prices in food products, chemicals, and transport equipment. WPI reflects wholesale-level price changes, differing from CPI which measures consumer-level price variations.