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Business Standard
16-06-2025
- Business
- Business Standard
Wholesale inflation tanks to 14-month low, vegetable prices see sharp contraction
The annual rate of inflation based on All India Wholesale Price Index (WPI) number is 0.39% (provisional) for the month of May, 2025 (over May, 2024). Positive rate of inflation in May, 2025 is primarily due to increase in prices of manufacture of food products, electricity, other manufacturing, chemicals and chemical products, manufacture of other transport equipment and non-food articles etc. However, the latest reading marks a sustained fall in annual inflation trends as the WPI stood at 0.85% in April, 2025. WPI inflation fell to a 14-month low. Data showed that month over month change in WPI for the month of May, 2025 stood at - 0.06% as compared to April, 2025, after a contraction of 0.39% in previous month. Primary Articles index decreased by 0.05 % to 184.3 (provisional) in May, 2025 from 184.4 (provisional) for the month of April, 2025. Price of minerals (-7.16%) and non-food articles (-0.63%) decreased in May, 2025 as compared to April, 2025. The price of food articles (0.56%) increased in May, 2025 as compared to April, 2025. Fuel & Power index declined by 0.95% to 146.7 (provisional) in May, 2025 from 148.1 (provisional) for the month of April, 2025. Price of mineral oils (-2.06%) decreased in May, 2025 as compared to April, 2025. The price of coal (0.81%) and electricity (0.80%) increased in May, 2025 as compared to April, 2025. Manufactured Products index remained unchanged at 144.9 (Provisional) in May, 2025. WPI Food Index or Food Index consisting of 'Food Articles' from Primary Articles group and 'Food Product' from Manufactured Products group have increased from 189.3 in April, 2025 to 189.5 in May, 2025. However, the rate of annual inflation based on WPI Food Index decreased from 2.55% in April, 2025 to 1.72% in May, 2025. Data showed that vegetable prices contracted 21.62% while Onion inflation in the month of May eased by 14.41% and potato inflation stood at -29.42%. Inflation rate for pulses fell 10.41%. Fruits inflation rose 10.17% though.
Business Upturn
14-05-2025
- Business
- Business Upturn
Wholesale inflation (WPI) cools to 0.85% in April, lowest in 13 months
By Aditya Bhagchandani Published on May 14, 2025, 12:18 IST India's wholesale inflation, measured by the Wholesale Price Index (WPI), eased to 0.85% in April 2025, marking its lowest level in 13 months, according to data released by the Ministry of Commerce and Industry on Tuesday. The decline was primarily driven by falling prices in fuel, power, and primary articles. The WPI inflation stood at 2.05% in March and 2.45% in February 2025. On a month-over-month basis, the index fell 0.19% in April. Key highlights: Fuel & Power group index declined sharply by 2.82% MoM , with notable price drops in petrol (-3.62%) , diesel (-3.26%) , and LPG (-2.26%) . Primary articles inflation turned negative at -1.44% YoY , with steep declines in vegetables (-18.26%) and pulses (-5.57%). Manufactured products, which hold the highest weight (64.23%), registered 2.62% YoY inflation, supported by categories like chemicals and machinery. The Food Index inflation also moderated to 2.55% in April from 4.66% in March, as vegetable prices dropped 18.26% year-on-year and potatoes fell by over 24%. The data indicates broad-based softening in price pressures across key inputs, with crude petroleum, fuel, and food items continuing to trend lower. This decline in wholesale inflation aligns with retail inflation trends and may influence future monetary policy considerations. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Times of Oman
15-04-2025
- Business
- Times of Oman
India's wholesale inflation slows to 2.05% in March, down from 2.38% in February
New Delhi: Wholesale inflation (WPI) in India stood at 2.05 per cent for the month of March 2025, down from the 2.38 per cent of the previous month, according to the data released by the Ministry of Commerce and Industry on Tuesday. In February, the wholesale inflation stood at 2.38 per cent, according to the government data. The positive rate of inflation in March is primarily due to an increase in the prices of manufactured food products, other manufacturing, food articles, electricity and the manufacture of textiles, etc. The Food Index, consisting of 'food articles' from the primary articles group and 'food products' from the manufactured products group, decreased from 5.94 cent in February 2025 to 4.66 per cent in March 2025. Month-over-Month change in primary article groups of WPI shows a decrease by 1.07 per cent to 184.6 (provisional) in March from 186.6 for the month of February 2025. The price of crude petroleum and natural gas (-2.42 per cent), non-food articles (-2.40 per cent), and food articles (-0.72 per cent) decreased in March as compared to February. The price of minerals (0.31 per cent) increased in March as compared to February 2025. Wholesale inflation continues to remain in the positive territory for over a year now. Economists often say a little rise in wholesale inflation is good, as it typically incentivises goods manufacturers to produce more. In April last year, wholesale inflation went into negative territory. Similarly, in July 2020, in the initial days of COVID-19, the WPI was reported as negative. Notably, wholesale price index (WPI)-based inflation was in the double digits for 18 months in a row until September 2022. DPIIT releases the index number of wholesale prices in India on a monthly basis on the 14th of every month (or the next working day, if the 14th falls on a holiday) with a time lag of two weeks from the reference month, and the index number is compiled with data received from institutional sources and selected manufacturing units across the country. The country had been facing high food inflation over the past few months, mainly due to an increase in the inflation of vegetables, fruits, oils and fats. It now seems to have abated.
