June WPI Data: India's Wholesale Inflation Falls To Lowest Since 2023

India's wholesale price inflation during last month eased to the lowest since October 2023, data released by the Ministry of Commerce and Industry showed on Monday.

Commodities across the board saw a fall in wholesale prices. While wholesale inflation in primary articles—especially food—led the decline, prices of manufactured products too rose at a slower pace, along with a fall in fuel and power.

• Inflation in manufactured products—the largest component of the index—rose by 1.97% compared to 2.04%.

• Primary articles inflation fell by 3.38% versus a fall of 2.02%.

• Inflation in food articles—a sub-component of primary articles—fell 3.75% vs -1.56%.

• Fuel and power inflation at -2.65% versus -2.27%.

• Vegetables: -22.65% versus -21.62%.