Financial News: India Wholesale Price Inflation Eases To 14-month Low

India Wholesale Price Inflation Eases To 14-month Low

06/16/2025 - 03:59:00 (RTTNews)

(RTTNews) - India's wholesale price inflation eased further in May to the lowest level in more than a year amid cheaper costs for primary articles, fuel, and power, provisional data from the Ministry of Commerce and Industry revealed on Monday.

The wholesale price index, or WPI, rose 0.39 percent year-over-year in May, slower than the 0.85 percent increase in April. Economists had expected inflation to ease slightly to 0.80 percent. Moreover, this was the lowest inflation rate since March 2024.

Food inflation moderated to 1.72 percent from 2.55 percent in April. Prices for primary articles declined 2.02 percent annually in May, and costs for fuel and power also showed a further decline of 2.27 percent.

Price increases softened in manufactured products too, from 2.62 percent to 2.04 percent.

On a monthly basis, wholesale prices edged down 0.06 percent from April, when they decreased by 0.39 percent.

Data released last week showed that India's consumer price inflation eased more-than- expected to 2.82 percent in May from 3.16 percent in April. Moreover, this was the lowest inflation rate since February 2019, when prices had risen 2.57 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Reaches Five-Month High In July (37 min(s), 12 sec(s) ago)
(RTTNews) - After reporting a substantial rebound by U.S. consumer sentiment in the previous month ...Full Story»

U.S. Housing Starts Rebound More Than Expected In June (38 min(s), 12 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

U.S. Housing Starts Surge 4.6% In June, More Than Expected (32 min(s), 12 sec(s) ago)
(RTTNews) - New residential construction in the U.S. rebounded by more than expected in the month ...Full Story»

Italy Current Account Surplus Grows In May (29 min(s), 12 sec(s) ago)
(RTTNews) - Italy's current account surplus increased in May from the previous year, the Bank ...Full Story»

Eurozone Construction Output Falls 1.7% (08 min(s), 12 sec(s) ago)
(RTTNews) - Eurozone construction output declined at the fastest pace in nearly two-and-a-half yea ...Full Story»

Eurozone Current Account Surplus Surges (54 min(s), 12 sec(s) ago)
(RTTNews) - The euro area current account surplus increased sharply in May largely due to the rise ...Full Story»

Italy Construction Output Falls 1.4% (12 min(s), 12 sec(s) ago)
(RTTNews) - Italy's construction output decreased in May after recovering in the previous mont ...Full Story»

Malaysia GDP Growth Improves In Q2 (28 min(s), 48 sec(s) ago)
(RTTNews) - Malaysia's economic growth improved in the second quarter driven by strong domesti ...Full Story»