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    <title>WPI inflation dips to 0.39 pc in May</title>
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    <description>Wholesale price inflation eased to 0.39% in May as food articles saw 1.56% deflation led by a sharp 21.62% drop in vegetable prices; manufactured products inflation slowed to 2.04% and fuel and power moved into 2.27% deflation. The industry ministry noted selective increases in certain manufactured subgroups despite overall easing. Retail inflation fell to 2.82%, and policymakers reduced the benchmark policy rate by 0.50 percentage points to 5.50% amid the softer inflation environment.</description>
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