<h1>Wholesale Price Inflation Drops to -0.58% in July Amid Food, Fuel Price Declines</h1> Wholesale price inflation remained negative for the second consecutive month at -0.58% in July, driven by declining prices in food articles, fuel, and basic metals, according to government data. Food articles experienced a 6.29% deflation, with vegetables dropping sharply by 28.96%. Fuel and power prices fell by 2.43%, while manufactured products saw a slight inflation increase to 2.05%. The negative inflation contrasts with the previous year's 2.10% inflation in July. The central bank maintained its benchmark policy rate at 5.5%, noting retail inflation fell to an eight-year low of 1.55% in July.