New Delhi | August 14, 2025:The provisional annual inflation rate on the All India Wholesale Price Index (WPI), softened to(-) 0.58% for July 2025 compared to July 2024, driven by a reduction in the prices of food articles and Crude Petroleum . This will boost domestic demand, despite the volatile international landscape, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued here today.
The prices of food articles have been continuously softening since February 2025. The prices have declined from 3.43% in February to (-) 6.29% in July 2025. Additionally, the fall in prices of crude petroleum from 12.31% in June to (-) 14.86% in July 2025, are major contributors to declining WPI inflation, said Mr Jain.
Going forward, the moderation in prices of food articles and a favourable progress in the southwest monsoon will bolster agricultural activity boosting economic growth, he said.
