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New Delhi, Jul 14 (PTI) Wholesale price inflation (WPI) declined to (-) 0.13 per cent in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed on Monday.
WPI-based inflation was 0.39 per cent in May. It was 3.43 per cent in June last year.
"Negative rate of inflation in June, 2025 is primarily due to decrease in prices of food articles, mineral oils, manufacture of basic metals, crude petroleum & natural gas etc," the industry ministry said in a statement.
As per WPI data, food articles saw a deflation of 3.75 per cent in June, as against a deflation of 1.56 per cent in May, with vegetables seeing a sharp drop.
Deflation in vegetables was 22.65 per cent in June, compared to 21.62 per cent in May.
In the case of manufactured products, inflation was at 1.97 per cent, compared to 2.04 per cent in May.
Fuel and power saw a negative inflation or deflation of 2.65 pc in June, compared to a deflation of 2.27 pc in May.
The Reserve Bank of India (RBI) mainly takes into account retail inflation while formulating the monetary policy.
Retail inflation data for June is scheduled to be released later in the day.
The RBI last month cut benchmark policy interest rates by a sharp 0.50 per cent to 5.50 per cent amid easing inflation. PTI JD DRR
Wholesale price inflation turns negative, prompting central bank focus on retail inflation and policy easing. Wholesale price inflation turned negative in June due to deflation in food articles-notably vegetables-and declines in mineral oils, crude petroleum, natural gas and basic metals, alongside moderated inflation in manufactured products and deflation in fuel and power. The development is linked to monetary policy context: the central bank focuses on retail inflation for policy, retail data for June is pending, and the bank recently cut its benchmark policy interest rate amid easing inflation.Press 'Enter' after typing page number.