<h1>India's Wholesale Price Index Drops 0.6% in July 2015, Annual Inflation Rate Hits -4.05.</h1> The Wholesale Price Index (WPI) for all commodities in India decreased by 0.6% to 177.5 in July 2015 from June's 178.6. The annual inflation rate based on WPI was -4.05% in July 2015, compared to -2.40% in June and 5.41% in July 2014. Primary articles saw a 0.5% decline, with food articles dropping 0.6% and non-food articles 1.3%. The fuel and power index fell by 2.0%, while manufactured products decreased by 0.3%. The index for minerals rose by 3.0%. The inflation trends for various commodity groups are detailed in annexures.