NEW DELHI, July 14 (Xinhua) -- India's wholesale price index (WPI) declined to -0.13 percent in June, data released by the federal Ministry of Commerce and Industry said on Monday.
The WPI inflation dropped to a 21-month low of -0.13 percent in June, marking the first negative reading since October 2023.
"The annual rate of inflation based on All India WPI number is -0.13 percent (provisional) for the month of June 2025 (over June 2024)," reads a statement issued by the ministry.
Negative rate of inflation in June 2025 is primarily due to a decrease in prices of food articles, mineral oils, manufacture of basic metals, crude petroleum and natural gas, etc., according to the statement.
WPI inflation rate was 0.39 percent in May and 0.85 percent (final) in April.
WPI inflation, an indicator of prices in the wholesale market, rises or falls mainly due to a steep increase or decrease in commodity prices globally. ■
