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

While wholesale inflation in primary articles—especially food—led the decline.

<div class="paragraphs"><p>Commodities across the board saw a fall in wholesale prices. (Photo source: Freepik)</p></div>
Commodities across the board saw a fall in wholesale prices. (Photo source: Freepik)
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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.

WPI Key Highlights

  • 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%.

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