♦ India’s annual Wholesale Price Index (WPI) inflation eased to 2.31% in January 2025 from 2.37% in December 2024, according to data released by the Commerce and Industry Ministry on 14 February 2025.

♦ Month-over-month, the WPI declined by 0.45% in January, driven by lower food prices.

♦ The index for primary articles fell by 2.01% as food article prices dropped by 3.62%. However, prices of crude petroleum and natural gas (6.34%), non-food articles (0.66%), and minerals (0.22%) increased.

♦ Inflation in the fuel and power category rose by 0.47%, though coal prices remained unchanged from December 2024.

♦ Manufactured products, which account for 64.23% of the index, saw a marginal increase of 0.14%. Out of 22 manufacturing groups, 15 recorded price increases, five saw declines, and two remained unchanged. 

♦ The WPI Food Index inflation dropped from 8.89% in December 2024 to 7.47% in January 2025.