Wholesale Price Inflation Slows To 0.39 Per Cent In May 2025

India’s annual wholesale price inflation eased to 0.39 per cent in May 2025, down from 0.85 per cent in April, according to provisional data released by the Ministry of Commerce and Industry.

While the pace of inflation softened, the slight increase was driven primarily by rising prices in the manufacturing of food products, chemicals, electricity, transport equipment, and certain non-food articles.

The Wholesale Price Index (WPI) for All Commodities stood at 154.1 in May, compared to 154.2 in April, showing a month-on-month (MoM) dip of 0.06 per cent. This continues a trend of declining monthly changes seen across recent months.

Among the three major components, Primary Articles slipped by 0.05 per cent, with notable price drops in minerals (-7.16 per cent) and non-food articles (-0.63 per cent), while food articles registered a 0.56 per cent rise.

The Fuel & Power category fell by 0.95 per cent month-on-month. A fall in mineral oil prices (-2.06 per cent) outweighed minor increases in coal (0.81 per cent) and electricity (0.80 per cent).

Meanwhile, Manufactured Products, which remained flat at 144.9, showed a mixed picture. Ten of the 22 sub-groups posted gains, including pharmaceuticals and electronics, while nine such as food manufacturing, chemicals, and basic metals saw declines.

The WPI Food Index rose up from 189.3 to 189.5, although the year-on-year food inflation rate slipped from 2.55 per cent to 1.72 per cent.

The government also finalised the March 2025 WPI at 154.8, confirming a 2.25 per cent inflation rate for that month.

The latest figures come as a positive sign at a time when the Reserve Bank of India has undertaken a series of rate cuts.

Also Read: Trump Eyes Israel-Iran Deal Next, Once Again Claims He Mediated India-Pakistan Ceasefire Using ‘Trade’