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Wholesale price inflation rises marginally to 0.83 pc in December

Wholesale price inflation remained negative at -0.32% in November, driven by falling food, fuel, and manufactured product prices. This signals easing input costs for manufacturers, potentially stabilizing retail inflation and improving affordability for consumers.

WPI inflation rises to (-) 0.32 pc in November

Food inflation, a key driver of the index, turned negative at -5.04% in October, from -1.99% in September, 0.21% in August, -2.15% in July, and -0.26% in June. The fall in wholesale prices in October was led by lower prices of vegetables, wheat, pulses and oilseeds.

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Food and fuel prices eased in September, pulling down wholesale inflation to 0.13% after a modest rise in August, even as core inflation climbed to a 31-month high.

Retail inflation cooled to 2.1% in June, its slowest pace since January 2019, while wholesale inflation slipped to a 21-month low of -0.13%, the first negative print since October 2023, according to provisional data released on Monday

A decline in prices of food, non-food manufacturing, fuel and power segments contributes to the dip in the wholesale price index (WPI)-based inflation.