India’s wholesale inflation eased to 0.39% in May 2025, marking a 14-month low, according to data released by the Ministry of Commerce and Industry on 16th June. This is down from 0.85%, which was recorded in April 2025.

The slowdown was driven by falling prices of minerals (-7.16%), mineral oils (-2.06%), and non-food articles (-0.63%). However, prices of food items (0.56%), coal (0.81%), and electricity (0.80%) increased compared to April.

WPI measures the change in prices of goods sold in bulk between businesses — unlike CPI, which tracks consumer prices. It covers three major categories: primary articles, fuel & power, and manufactured products.

Out of 22 manufacturing sectors, 10 saw price increases (including textiles, electronics, and pharma), 9 saw declines (like food products, metals, and chemicals), and 3 remained unchanged.

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