<h1>Inflation Drops Significantly in 2014-15: WPI Falls to 3.4%, CPI Reaches 5% Due to Lower Food, Fuel Prices.</h1> During 2014-15 (April-December), inflation in the country showed a significant decline. The Average Wholesale Price Index (WPI) inflation fell to 3.4% from 6% the previous year, with food inflation dropping to 4.8% from 9.4%. Consumer Price Index (CPI) inflation reached a low of 5% in Q3, down from 9-10% in previous years. The decline was driven by lower food and fuel prices, government measures to improve food availability, and a drop in international crude oil prices. The government implemented various measures, including additional grain allocations and regulatory changes, to curb inflation effectively.