India’s July wholesale prices fall 0.58% y/y
Deflation in food articles and fuel drove India's Wholesale Price Inflation to -0.58% in July, marking the second consecutive month of negative WPI, government data showed.
- On Aug 14, 2025, India's Wholesale Price Inflation stayed in negative territory at 0.58%, marking a second consecutive month of deflation.
- Amid declines in fuel & power, WPI eased further with food articles deflating 6.29 and fuel & power 2.43 in July, government data showed.
- Vegetable prices plunged 28.96 in July, while manufactured products inflation rose to 2.05%, government data showed.
- In response to easing retail inflation, the Reserve Bank of India kept benchmark policy rates unchanged earlier this month, as inflation declined to an eight-year low of 1.55%.
- ICRA forecasts WPI will re-enter inflationary territory in August 2025, amid uncertainties over US sanctions on Russian oil importers.
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India's WPI inflation remains negative for second month in July - Check details
India's Wholesale Price Inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58 per cent in July. The WPI has eased further as prices of food articles and fuel saw deflation, even though prices of manufactured items increased, government data showed on Thursday. WPI-based inflation was (-) 0.13 per cent in June. It was 2.10 per cent in July last year. "Negative rate of inflation in July, 2025 is primarily due to…
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Leaning Left3Leaning Right5Center1Last UpdatedBias Distribution56% Right
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56% Right
L 33%
11%
R 56%
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