According to the latest data released today on April 15, 2025 by the Ministry of Commerce and Industry, India’s Wholesale Price Index (WPI)-based inflation stood at 2.05% in March 2025, marking a slight dip from 2.38% recorded in February. This marginal decrease indicates a softening trend in wholesale prices across key sectors.
According to the data, the overall WPI fell by 0.19% compared to the previous month. The decline was mainly driven by reduced prices in primary articles and the fuel and power segment.
The index for primary articles saw a drop of 1.07%, with noticeable declines in the prices of crude petroleum, natural gas, and non-food articles. The fuel and power group also witnessed a fall of 0.91%, primarily due to a significant reduction in electricity prices, although this category still posted a marginal year-on-year inflation of 0.20%.
In contrast, manufactured products showed a positive trend, with the index rising by 0.42% from February to March. This category saw year-on-year inflation of 3.07%, mainly due to rising prices in basic metals, food products, and machinery.
The food index, which had been a concern in previous months, showed signs of relief. It recorded a slight month-on-month decline and stood at a year-on-year inflation of 4.66% in March, down from 5.94% in February.
The next WPI data release for April 2025 is expected on May 14, which will provide further insight into inflation trends and the state of the economy.
