Wholesale inflation below zero for second consecutive month, heavy fall in prices of food items and vegetables

Inflation: Wholesale inflation was below zero for the second consecutive month in July amid the fall in food items and fuel prices. The WPOE -based inflation was 0.58 percent below Below Zero in July in July. It was 0.13 percent below zero in June and 2.10 percent in July 2024. The Ministry of Industry said in a statement that bulk inflation was below zero in July 2025 due to a decrease in prices of food items, mineral oils, raw petroleum and natural gas, manufacturing of original metals etc.ALSO READ: Crisil’s report revealed, gross inflation will be 3.5 percent in the current financial year

Food goods and vegetable prices declined drastically: According to the bulk price index data, inflation in food items saw a decline of 6.29 percent in July, while in June there was a decline of 3.75 percent. There was a huge decline in the price of vegetables. Their prices declined by 28.96 percent in July as against 22.65 percent in June.Also Read: Retail Inflation: Inflation reached 6 -year low, 2.10% retail inflation in June

Retail inflation at 8 years low: Inflation in the case of manufactured products increased to 2.05 percent in July as against 1.97 percent last month. It was 2.43 percent in fuel and electricity in July as against 2.65 percent in June. The Reserve Bank of India (RBI), which takes into account retail inflation, kept the policy rates at 5.5 percent earlier this month. Retail inflation came to an 8 -year low of 1.55 percent in July. (Language)

Edited by: Ravindra Gupta