NEW DELHI, Jul 14: Wholesale price inflation (WPI) declined to (-) 0.13% in June as prices of food articles and fuel saw deflation, along with easing in manufactured product costs, government data showed on Monday.
\nWPI-based inflation was 0.39% in May. It was 3.43% in June last year.
\n\u201cNegative 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,\u201d the Industry Ministry said in a statement.
\nAs per WPI data, food articles saw a deflation of 3.75% in June, as against a deflation of 1.56% in May, with vegetables seeing a sharp drop.
\nDeflation in vegetables was 22.65% in June, compared to 21.62% in May.
\nIn the case of manufactured products, inflation was at 1.97%, compared to 2.04% in May.
\nFuel and power saw a negative inflation or deflation of 2.65% in June, compared to a deflation of 2.27% in May.
\nThe Reserve Bank of India (RBI) mainly takes into account retail inflation while formulating the monetary policy.
\nRetail inflation data for June is scheduled to be released later in the day.
\nThe RBI last month cut benchmark policy interest rates by a sharp 0.50% to 5.50% amid easing inflation. (Agencies)<\/p>\n
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