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India’s inflation based on WPI remains in negative territory for second consecutive month in July
Aug-14-2025

The inflation based on Wholesale Price Index (WPI) stayed in negative territory for the second consecutive month at (-) 0.58% in July 2025, as prices of food articles and fuel saw deflation, even though prices of manufactured items increased. WPI inflation was (-) 0.13% in June, while it was 2.10% in July last year. As per WPI data, food articles saw a deflation of 6.29% in July, as against a deflation of 3.75% in June, with vegetables witnessing a sharp drop.

The component wise, primary articles index, having weight of 22.62%, increased by 1.18% to 188.0 (provisional) in July, 2025 from 185.8 (provisional) for the month of June, 2025, as price of Crude Petroleum & Natural Gas, non-food articles and food articles increased in July, 2025 as compared to June, 2025. However, the price of minerals decreased in July, 2025 as compared to June, 2025.

Fuel & Power index, having weight of 13.15%, increased by 1.12% to 144.6 (provisional) in July, 2025 from 143.0 (provisional) for the month of June, 2025 as price of mineral oils increased in July, 2025 as compared to June, 2025. On the other hand, price of coal and electricity decreased in the reporting period.

Besides, Manufactured Products constituting the major portion of the index with weight of 64.23%, declined by 0.14% to 144.6 (provisional) in July, 2025 from 144.8 (provisional) for the month of June, 2025. Meanwhile, for the month of May, 2025, the final Wholesale Price Index and inflation rate for 'All Commodities' (Base: 2011-12=100) stood at 153.7 and 0.13% respectively.

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