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India’s WPI inflation stays negative at –0.58% in July 2025

India’s WPI inflation stays negative at –0.58% in July 2025:

India’s Wholesale Price Index (WPI)-based inflation remained in the negative zone for the second month in a row, standing at –0.58% in July 2025 on a year-on-year basis. This continued deflation at the wholesale level points to a cooling trend in input prices across key sectors such as food, energy, and metals. According to the Ministry of Commerce and Industry, the main contributors to the decline were lower prices of food articles, mineral oils, crude petroleum, natural gas, and basic metal products.