Current Affairs - Economy - Discussion

In July 2025, India’s Wholesale Price Index (WPI) inflation stood at -0.58%, marking the second consecutive month of deflation in wholesale prices. This decline was largely influenced by falling prices of food articles, mineral oils, crude petroleum, natural gas, and basic metals. WPI inflation reflects the overall change in prices at the wholesale level, differentiating it from the Consumer Price Index (CPI), which measures changes at the consumer level. The negative WPI figure indicates easing cost pressures for businesses, potentially impacting input costs, supply chains, and the broader inflation trajectory of the economy in the coming months.